Sadly. With $41 billion dollars of new credit card debt expected for 2013, credit card debt continues to plague many Americans. Website Cardhub.com estimates the average household to owe $7000 to credit card lenders.
https://www.8newsnow.com/story/23442000/credit-card-debt-hampering-many-americans
Many of these credit cards are high interest with penalty fees that make repayment in full incredibly difficult. Many times repayment in full is impossible when a consumer faces various hardships in life, like a medical emergency. If you are a consumer that has no plan to pay off your credit cards in a short time, contact a qualified debt settlement attorney. A qualified debt settlement attorney helps a consumer manage and lower their debt making repayment possible.