Credit Card Debt - Stop The Nightmare!
Many of us toss and turn at night; sleep is just a distant memory. The stress of credit card debt is taking over our lives. Even when we can make the minimum monthly payments the balances never seem to decrease. There is a reason for this! The credit card companies don't want us to know the real truth!
Statistics say that the average American owes $10,000 in credit card debt right now, today. The credit companies don't want you to know that it will take you 40 years to pay that off by making just the minimum monthly payments. That's right 40 years! That's longer than it takes to pay off a mortgage! But this is how the credit companies get rich!
Did you know that Credit Companies made a whopping $70 Billion dollars last year on the interest they charge you, the card holder? They are expected to make at least that much again this year. Meanwhile, the average card holder is struggling just to make ends meet. Seem fair?
These secrets the credit companies have kept from us are infuriating! Knowing these facts make credit cards seem like the worst idea in the world for the average working individual. 90% of all bankruptcies are a direct result of credit card debt. This has to stop! Bankruptcy literally destroys your credit for years to come!