Dec 19 2009

Credit Card Debt up to 15 Percent of Annual Household Income. Average Credit Card Debt in 1980 was $670 and Today it is up to $7,800. The Slimy World of Credit Card Lending.

Credit card companies have made it their passion to ensure that every eligible American has access to a credit card.  They have also created a financial labyrinth with traps in every corner from tricky financial statements to interest rates that would make loan sharks blush.  The credit card has become some form of financial rite […]

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