January 25th, 2009

And alas probably the most devastating problem for the

Posted in Business

And alas probably the most devastating problem for the typical American citizen is unsecured credit card debt. We are now at a record high with consumer credit card debt. So many debtors can’t even budget to be on time with their monthly minimum payments and have been slipping into a past due status in flocks. This will constrict the credit crunch and destroy people’s finances completely once and for all. The credit card debt relief treadmill is ruthless.

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