WOODLAND HILLS, CA / ACCESSWIRE / May 1, 2016 / Vantage Acceptance has set out to help those fighting debt. The credit card companies are alleged to target those that are not prepared these days as personal debt levels rise and Vantage Acceptance of Woodland Hills, California is assisting those affected negatively by this. "They create so much havoc that an entire debt relief industry has grown up to rescue people," according to Jim Baker an analyst for the debt relief industry.

Too much credit card debt can be a very bad thing and is hurting millions of Americans' ability to realize their goals and dreams as they drown in debt. Companies like Vantage Acceptance, perform a vital service in helping overly indebted consumers regain control of their lives by helping to eradicate them of their credit card debt.

Credit cards can do great things for consumers if used correctly and in moderation but for those who have gone in over their head will need assistance restructuring their debts.

Here are three reasons credit cards can be good for consumers, according to Vantage Acceptance:

1. Rewards - As competition among credit card companies has grown, consumers have reaped the benefits of an all-out rewards war. It's no longer enough for card issuers to compete on advertising and interest rates. Today they try to outdo each other when it comes to offering customers rewards that accrue for each dollar borrowed. These include cash back, gift cards and frequent flier miles with airlines.

2. Security - Credit and debit cards are more convenient than carrying cash, but debit cards leave you more vulnerable to fraud. If the fraudster gains access to your checking account through your debit card, he can instantly wipe it out, leading you to possibly bounce checks or miss regularly scheduled payments from your account. Not to mention non-sufficient funds fees. Those can sometimes ultimately be forgiven by your bank after some time, but it can result in derogatory reports to your credit rating and a headache to sort out. However, if a fraudster gains access to your credit card, you simply notify the credit card company and don't make any payments on the fraudulent charges.

3. Credit restoration - If you're trying to restore damaged credit, making timely payments on a credit card can help. The credit card company reports your timely payments to the credit bureaus, offsetting some of that prior damage.

Of course, many people find themselves in situations where their credit card debt has spiraled beyond their control. In those cases, Vantage Acceptance provides a proven debt settlement program that has helped thousands of happy customers get back on their feet. For more information call 800-829-7700 today.