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A Problem Called Credit Card Debt

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Credit cards are not considered a luxury these days; they are treated as a necessity. Many people are applying for credit cards, and at earlier and earlier ages. In fact, a lot of people possess more than one credit card. Thecredit card industry is growing by leaps and bounds, and so is the national average credit card balance.

The credit card industry and credit card holders are faced with a big problem called ‘Credit Card Debt’. In order ...

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Mark Bennett is a staff writer for Money Talks, and has written extensively about using refinancing for debt consolidation.

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