1. If you spend more than 50% of your credit limit every month, this indicates to the Credit Bureau that you do NOT have enough cash on hand to meet your monthly expenses. This will term you as a high credit risk and will actually reduce your credit score by 60 - 70 points overnight (Fair Isaac).

2. If you miss 1 or 2 payments on your credit card debt, the issuing company will skyrocket your interest rate to a whopping 27% - 30%!

3. Out of a random sample of 3 million American consumers (included in Experian's National Score Index), 51% of them have atleast 2 credit cards and 14% of them have 10 or more credit cards.

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Debt Reduction Service - Reviews of Alaska Debt Consolidation Companies

Physical Address:	341 W Tudor Rd Ste 207 Anchorage, Alaska (AK)
Year of Establishment:	1996
Website:	www.debtreductionservices.org
Description:	- Debt Reduction Service Alaska is a full "non-profit" debt management & credit counseling firm that has helped thousands of clients achieve financial freedom and a better quality of life through its various strong credit counseling & debt management programs. - Debt Reduction Service Alaska operates 13 offices across 7 US states. - Company is certified with ISO 9001:2000 Quality Management System Standard.
Services Provided:	-> Credit Counseling services provided by 13 independent certified professionals. A certificate after the 2 hour course is also provided. -> Company provides confidential advice for developing budgets, managing money, using credit wisely and building a savings plan. -> Post-Bankruptcy Filing Personal Financial Management Course: "This two hour workshop provides information, motivation, and training in various aspects of personal money management, including budgeting, spending behaviors, risk management, credit usage, debt management, and consumer protection and resources." -> Debt Management Plans (DMP's): A DMP will help you: Consolidate your multiple debt obligations into 1 payment Reduce your total monthly payments Reduce high interest rates Eliminate late fees Stop collection agencies from calling you