Credit Cards

So, what is the best way to stop the debt “train?” Get control of the credit card spending and reduce those balances as soon as possible. Oddly enough, American consumer debt consists largely of credit card debt but not entirely. Still for the average credit card user, indebtedness is around 12 to 15 thousand dollars. A program to help decrease the debt is to lower spending. A second major step is to target the smallest balance of several cards for payoff.