Business27 Feb 2010 11:48 am
Excessive Credit Card Debt the Norm
Most American households today have credit card debt that ranges from $5000 to $10000. This should be something that makes you take notice. However, this is considered the norm. People aren’t even shocked to hear of people having credit card debt upwards of $100,000. This should not be the case. It should not be an acceptable standard that households be burdened by debt. The propaganda from the big banks and credit card companies needs to stop. Americans do not need credit cards. As a matter of fact, if someone does not have the money to pay for an item, they shouldn’t buy it.
