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Credit Card Debt Nears Toxic Levels...

By: Decomposed in ROUND | Recommend this post (0)
Mon, 27 Feb 12 8:57 PM | 44 view(s)
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Msg. 39213 of 45651
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Credit Card Debt Nears Toxic Levels

Published : Sunday, 26 Feb 2012, 4:19 PM EST

(New York Post) - More American households are falling back into the debt hole, this time without the safety net of home values to help bail them out, the New York Post reported Sunday.

Last year, total US consumer debt reached its highest point in a decade, according to a credit card industry observer.

"Now more than ever, families need to work at saving and paying off any outstanding debts," said Howard Dvorkin, a certified public accountant and founder of the credit counseling service Consolidated Credit.

More: http://www.myfoxdc.com/dpps/news/credit-card-debt-nears-toxic-levels-dpgonc-km-20120226_18232559

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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