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Saturday, March 12, 2005

 

The Midas touch to Debt Problems

According to American Consumer Credit Counseling, the total U.S. credit card debt in the first quarter of 2002 was approximately $60 billion. Credit card debt carried by the average American: $8,562 (Approx.). From 82 million in 1990 to 144 million in 2003 - the amount they charged during that period grew by a much larger percentage: approximately 350 percent, from $338 billion to $1.5 trillion.

With the major options a debtor has today clearing your debts is become a lot easier.According to American Consumer Credit Counseling, the total U.S. credit card debt in the first quarter of 2002 was approximately $60 billion.

Credit card debt carried by the average American: $8,562 (Approx.). From 82 million in 1990 to 144 million in 2003 - the amount they charged during that period grew by a much larger percentage: approximately 350 percent, from $338 billion to $1.5 trillion.

With the major options a debtor has today clearing your debts is become a lot easier.

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