The Facts About Credit Card Debt

Consider these shocking facts from author Robert Manning; "Today, three out of five U.S. households are responsible for the approximately $560 billion in outstanding credit card debt. Among these 'revolvers,' credit card debt averages over $11,000 per household."

These numbers show us that credit card debt is an issue facing a number of Americans. By recognizing the warning signs listed below, you and your family can avoid the burdens associated with overwhelming credit card debt.

Four signs that your credit card debt may be out of control!

• You have several cards in your wallet & have reached the limit on most
• You don't know how much you owe on your credit cards
• You are considering opening a new card just to transfer one or two of your old credit card balances.
• You are spending more than you earn - using credit cards to pay for everyday items.

If these four signs hit close to home, contact Credit Solutions for a free consultation. Our credit counselors can provide you with additional information on reducing your outstanding credit card debt.