How To Pay Off Credit Card Debt

By: Angela

Rivera

Financial Hardships: the main cause of credit card

debt.

Slowing economy. Lost jobs. Rising unemployment. Sickness. Rising costs of health care.

The Facts: Credit card debt per household is rising each year.

Create a plan to pay off credit card debt!

Cut costs in your budget. Pay off your high interest cards first. Use your tax return, or bonus to pay

debt. If you have savings, use it to pay down

debt. Be wary of debt settlement companies. Be debt free!

Works Cited

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Mantel, Barbara. "Consumer Debt." 2 March 2007. CQ Researcher. 7 November 2010 <http://0-

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Sherman, Lauren. "Worst Cities For Credit Card Debt." 20 May 2009. Forbes.com. 7 November 2010

<http://www.forbes.com/2009/05/20/american-consumers-overspending-lifestyle-real-estate-credit-card-

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