Hello Credit Debt, My Old Friend
February 3, 2009
In case you didn’t know, in just the last year consumers racked up $2.2 trillion in purchases and cash advances on major credit cards. That’s a helluva lot of money. And you probably contributed to some of that total. I know I did. Let's face it - we spend more than we make - it’s the American way. Did you know that the overall credit card debt grew by 315 percent from 1989 to 2006. This bubble was bound to burst some day! And now with banks tightening their standards and the recession getting bigger, there's no better time to get your debt under control. This app is designed with that in mind, but will it really help you - or just put you two dollars and 99 cents more into debt?
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