Credit Card Debt, the legal name of our organization, and otherwise known as Credit Card Debt Inc., or Credit Card Debt and the Credit Card Debt organization, is the resource Americans turn to for help with Credit Card Debt. The organization, Credit Card Debt, was organized and began offering many people in credit card debt a resource to get out of their credit card debt in August of 1968. The Credit Card Debt Inc site was designed to enable the public access to an online resource with readily available resources to help them eliminate their credit card debt.   

The Credit Card Debt team of certified professionals are available for anyone struggling with Credit Card Debt and would like a free no obligation consultation. Our experts are available to consult anyone struggling with Credit Card Debt. With over 50+ years of experience backing our organization, we are able to provide a number of resources for credit card debt that other organizations may not provide. Contact us or find more resources on our site. If you need help, or would like to know more about the assistance that is available to you for Credit Card Debt, call, email, or schedule a consultation free, and get the best option to help you eliminate your credit card debt.

Credit card debt is a form of debt, both secured and unsecured liability accounts exist. These are commonly referred to as revolving credit cards or loans. Borrowers accumulate credit card debt in many ways, often by opening numerous credit cards with varied terms and account limits. Most, not all, credit cards are reported and tracked by credit reporting agencies. 

Most outstanding debt, we (Credit Card Debt, Inc AKA Credit Card Debt) see during credit consultations, is from numerous credit card debts. Many people struggle with credit card debt. Statistically speaking, the New York federal reserve noted that credit card debt is on the rise, with American’s accumulating more than a trillion in credit card debt, with it still rising year over year.  

Current reports show that the average credit card debt per person is approximately $6,600+ held in consumer credit card debt. If you have credit card debt, you’re not alone. On average, Americans carry almost $7,000 in credit card debt. Carrying a balance month over month can be costly, especially if it’s on high-interest credit card debt. But you don’t have to struggle with debt forever. Many individuals qualify for our credit card debt options, many programs that are 0% interest. 

The credit card debt statistics and our key findings

• On Average each family owes at least, $6,200+ in credit card debt
• The Total Outstanding U.S. Consumer Debt Totals Over $4 trillion
• Total credit card debt is almost $1+ trillion
• Over 45% percent of households carry balances owing toward credit card debt.
• The Western United States, holds the highest average credit card debt, at over $7,000 in credit card debt.

Getting Out of Debt With A Credit Card Debt Program

A credit card debt program is a smart way to ease the burden and eliminate your credit card debt. Credit card debt programs can add up to substantial savings if you’re carrying a balance on a high interest credit card, where you may qualify for a program to help eliminate your credit card debt completely.

Millions of consumers have credit card debt. These credit card debts can be extremely expensive because credit card interest rates are high, and vary per account. Those high rates, combined with low minimum payment requirements, can make it vastly difficult for many to pay off their debt without a program to do so. This strategy can leave account holders stuck in debt, struggling for decades, if not forever.

Half of Americans feel anxious about their debt. And no wonder — U.S. adults have racked us so much credit card debt. A leading source, and poll regarding that debt noted that the largest portion of Americans, 40%, feel that they will pay everything off within five to ten years. But a third estimated it would take them anywhere from six to 20+ years to pay off their debt, and almost 20% said they will be paying off credit card bills for the rest of their life.

How to start eliminating credit card debt NOW!

The first step toward advancing on your credit card debt: 1st) Take inventory. Notably, 34% of Americans don’t know what amount of their income is going toward credit card debt and principle payments. Nearly 1 out of 5 consumers don’t know what their interest rate is on their credit card debt, with an additional 31% that hold balances on credit card debt with annual percentage rates of at least 15% or even higher.

The best course of action is to commit to taking action on your credit card debt. Take advantage of a free consultation, and analyze where you are at today. Explore available credit card debt programs and options, then utilize a customized option to eliminate your debt. For many struggling with credit card debt, the hardest part is acknowledging it, facing it, choosing to tackle it head-on.

Unfortunately, many ignore it, which only makes credit card debt worse. Stop procrastination, instead, learn what your credit card debt balances are, know what each credit card debt interest rate is, then utilize one of the Credit Card Debt programs or custom plans to eliminate that debt. Also, set up a budget that works with your strategy.

Contact us to learn more. We are here to help. Credit Card Debt at (888) 306-5006 or email at info@creditcarddebtinc.com