Dallas, TX (PressExposure) May 26, 2008 -- Today, Debt Settlement Company, Debt Regret, discusses what, in its opinion, are unethical practices of credit card companies trying to convince consumers to live the American Dream at any cost.
Enticed by the desire to live the American Dream, a startling number of American families and individuals are literally committing financial suicide in a desperate attempt to "have it all". In the truest sense of the word, they are attempting to borrow their way to prosperity. Unfortunately, as a society, we have grown extremely accustomed to the immediate gratification provided by instant credit and low introductory rates.
At one time or another, we have all been seduced by the polished marketing campaigns of banks and credit card companies promising an endless array of interest rates and debt consolidation loans. Regrettably, we have been fooled into the "monthly payments" mentality and never reminded of the true benefits of the total price paid. We have become enslaved by credit cards and are depriving ourselves of true financial freedom and constantly being forced to search for debt relief.
Our obsession to borrow, along with the instant gratification it provides, has blinded us to the weakened financial condition that results. Debt is at the heart of financial problems standing between those that live the American Dream and those that die trying.