Is Credit Card Debit Consolidation The Answer…?
Why are tens of thousands of people so deep in debt that they are turning to credit card debt consolidation to save them from bankruptcy? ……..Here’s why! People in the U.S. have been racking up credit card debt since 1950. That’s when the Diners Club released the first credit card. That over half a century of debt and it seems to get worse every year. The truth is that credit cards gave consumers more buying power than their income or savings can afford. Of course, credit cards have also provided the convenience and safety of not having to carry large amounts of cash. 1.3 Billion Credit Cards On average, American households possess 4 credit cards or a total of 13 payment cards if debt cards and store cards are included. There are, actually, 1.3 billion payment cards of assorted types in circulation in the United States. Now, you may be thinking that credit cards have made the lives of modern American consumers easier. I say FOOEY!… Statistics show that the average credit card deb
