Millions of people are drowning in a sea of debt and one of the best-kept secrets is that there are debt relief grants available for those who qualify.
(prHWY.com) August 10, 2011 - Irving, TX -- August 10, 2011 - Millions of people are drowning in a sea of debt and one of the best-kept secrets is that there are debt relief grants available for those who qualify. Free funds are available through a variety of government programs and DebtReliefGrants.org explains them in detail.
"DebtReliefGrants.org examines what the grants are, how to locate them, and a great deal of other information that can help you in your time of financial need," said MiShaun Taylor, owner of the site.
The website provides visitors with information about a variety of programs at various levels of government, links to reputable grant websites and tips for locating legitimate debt relief grants. The site offers sage advice on grant criteria and provides insider secrets for finding and qualifying for the funds.
Debt relief grants are typically disbursed through a government program designed to alleviate a specific type of debt. Grants are available at the local, state and federal level of government and they all encompass very specific criteria for qualification. Some require that recipients have children under a certain age, be part of a minority or meet certain income limits.
Before searching for a list of grant programs, it's important that individuals know the difference between a debt relief grant and a debt reduction loan. The two are very different and often confused, though they allow recipients to accomplish the same goal. A debt relief grant does not require repayment. A debt reduction loan is money that's borrowed to pay off an outstanding debt and is repaid with interest.
The qualification requirements for a debt relief grant vary as widely as the programs, organizations and private benefactors that provide them. Grants must be used for the specific bill or debt for which they were intended - recipients don't receive a pile of cash to do with as they wish.
The current economic climate has resulted in mass unemployment and many who know about debt relief grants have applied for them. The situation has resulted in an array of fraudulent websites and offers that charge for information. Those seeking debt relief grants can visit
www.Grants.gov, a fully searchable and reliable site that provides a comprehensive list of grants, along with information about each and their qualifying criteria.
Debt relief grants are available to help those who have experienced a natural disaster, are farm workers or lost their only source of employment. In addition to cash grants, help is available in the form of food stamps, medical assistance and programs for pregnant women and small children.
A less than optimal economy has led to hardship for many individuals and families through no fault of their own. DebtReliefGrants.org provides information, tips, advice and links to reliable websites where grant information can be found. Visitors to the site will find the best online resources for debt relief grants to assist them in creating a better future for themselves and their family.
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