Don't let credit card debt kill you

credit card picture
credit card picture

According to CardTrak.com, the average American household now carries a staggering $6,600 in credit card debt. When you consider that the interest rates on credit cards can range anywhere from 9% to 21%, the cost of carrying a balance on those cards can place dangerous pressure on personal finances which are already stretched tight. If you really need to use those nasty little plastic debt generators, you need to be smart about it. The following tips, some of which are provided by Investopedia.com can give you an edge in winning the battle against debilitating credit card debt.