Credit card debt

Many consumers are faced with overwhelming financial hardship and have a substantial amount of debt. I have seen debt amounts from $200 dollars all the way to $629,589 in unsecured credit card bills. There are major differences between the average person that has $15k in credit card bills to the person that has above $80,000 [...]

Consumer credit card debt has grown alarmingly in the past few years. With minimum payments of as little as 2% or 2.5% of the principal (plus interest) due each month, it was easy for consumers to charge purchases and keep monthly payments low.Lulled by low interest rates, the charge card was our friend. Found a [...]