Is Credit Card Debt Still Hampering Americans?

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.


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.


The following two tabs change content below.
Avatar for Kevin Fallon McCarthy

Kevin Fallon McCarthy

Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney. Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.