Tips on How to Get Out of Credit Card Debt

Tips on How to Get Out of Credit Card Debt

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How to Get Help With Credit Card Debt

If you’re living with excessive amounts of debt, you’re not alone. More than 43 percent of Americans currently owe more than they earn, and with credit card rates ranging anywhere between 10 and 30 percent, it’s no wonder the average person is carrying more than $5000 in credit card debt.

The Growing Trend of Rising Debt

An Ohio State University Study uncovered a startling trend in credit card debt: the younger you are, the more debt you’re likely to have. According to the study, people born between 1980 and 1984 have nearly $6,000 more credit card debt than their parents and more than $8,100 more than their grandparents.

What does this information tell us? Two things:

1.) Credit card debt is rising

2.) More and more people are spending more...
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