If you find yourself in the situation that you are unable to pay your credit card debt balance off each month then there are steps you can take to reduce your interest charges.
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Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Household debt remains on target to reach $1 trillion by the end of the calendar year. In the past three months alone, household debt increased by $42.57 billion – the largest jump in any three consecutive months on record.This combination of increasing household debt and declining credit card balances is contributing to a rapid decline in the proportion of total household debt made up by credit card outstandings which fell for the fifth consecutive month in July down to 4.64% - its lowest point since 2000.
