http://www.seaofdebt.com/debt-reduction-plans.html Debt reduction plans changed Wally the Walrus's life. Can debt reduction plans change yours? en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Wally the Walrus Discovers Debt Reduction Plans Wally the Walrus was never good at saving money. Whenever he got a bonus at work, instead of saving it, he would squander it away on some new ocean toy or the latest computer or electronics gadget. Even when he didn't have the money for stuff like that, he would buy whatever he wanted (even if it wasn't something he actually needed) on credit. Over time, Wally had amassed some pretty hefty credit card bills. But he was sailing along, making his monthly payments on time. However, those monthly payments caught up to him eventually, and Wally was finding it hard to make ends meet. After he paid all his bills, he barely had any money left for food and other necessities. "Good thing I know how to fish," he thought. Then he went out and charged up some fishing gear. Poor Wally. He'll never learn. Or will he? One day when Wally was surfing the Internet for weight reduction plans, he saw an ad for debt reduction plans. His curiosity got the best of him, and he looked into it. What he found was that there were five different kinds of debt reduction plans! And he thought no help was available! Some of the plans applied to Wally, while some did not. There were student loan debt reduction plans, debt reduction plans for homeowners, debt reduction plans for people with collateral, debt reduction plans for people who had a little money saved up and even debt reduction plans for people with nothing at all except their debt! Well, Wally didn't own anything outright at this point, and his credit was overextended, which made buying a house out of the question. And forget about having any money saved! Despite all that, Wally figured he could qualify for student loan debt consolidation to help pay for his student loans from his days at the School of Fish, and a basic credit card debt consolidation plan to help out with his credit card debt. He liked that student loan debt consolidation would cut his monthly payments in half. He also liked that his credit card debt consolidation plan could have him out of debt in five years--at a payment he could afford. And his debt management counselor, Star Fish, was so helpful. Wise too. She told Wally that if he ever wanted to save for a house (which was a long-term goal of his) that he better get some credit counseling so he can learn about budgeting and better spending and saving habits. Wally did, and it changed his life. The right debt reduction plan can change your life too. Contact a debt management company today and you, too, can go the way of Wally. Sat, 26 Jul 2008 15:00:00 EDT