For most
Americans,
credit
card
debt is
a
dangerous
and
growing
problem.
The
average
American
family
has more
than
$8000.00
in
credit
card
debt and
spends
more
than
they
earn on
a annual
basis.
Credit
cards
can be
useful
tools
when
they
used
properly,
but more
and more
Americans
are
getting
in over
their
heads
and
threatening
their
financial
futures.
It is
important
to
realize
that
just
because
you can
pay your
minimum
payments
each
month
doesn't
mean you
don't
have a
credit
problem.
Low
minimum
payments
benefit
the
credit
card
company,
not the
consumer.
The
following
are some
of the
warning
signs
that you
have
credit
or debt
problems:
You
are
unable
to
put
any
money
in
savings
You
make
only
the
minimum
payments
on
your
credit
cards
You
use
increasing
amounts
of
your
total
income
to
pay
off
your
credit
card
debts
You
use
credit
cards
for
things
you
should
buy
with
cash,
such
as
groceries
You
have
more
than
two
or
three
major
credit
cards
and
have
balances
on
all
of
them
You're
at
or
near
your
credit
limit
on
most
if
not
all
of
your
credit
cards
You're
unsure
of
the
total
amount
you
owe
on
your
credit
cards
You've
taken
out
cash
advances
on
credit
card
to
pay
other
bills
You've
been
denied
credit
due
to
your
debt
to
income
ratio
You
get
calls
from
collectors
about
your
credit
cards