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Is Credit Card Debt Still Hampering Americans?

Sadly. With $41 billion dollars of new credit card debt expected for 2013, credit card debt continues to plague many Americans.  Website Cardhub.com estimates the average household to owe $7000 to credit card lenders.

http://www.8newsnow.com/story/23442000/credit-card-debt-hampering-many-americans

Many of these credit cards are high interest with penalty fees that make repayment in full incredibly difficult. Many times repayment in full is impossible when a consumer faces various hardships in life, like a medical emergency. If you are a consumer that has no plan to pay off your credit cards in a short time, contact a qualified debt settlement attorney. A qualified debt settlement attorney helps a consumer manage and lower their debt making repayment possible.

 

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Avatar for Kevin Fallon McCarthy
Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney. Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.