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All articles by Wes Atkins -
Do you have enormous credit card debt? You are certainly not
alone. According to research, the average family in the United
States has $7000 in credit card debt and pays about $1000 in
interest each year! Throw in a late payment or two, or an
over-the-limit charge, and that number skyrockets. Imagine what you
could do with that $1000 if it weren't being spent on interest.
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You are swimming in debt. You have 4 credit cards maxed out, a
car loan, a consumer loan, and a house payment. Simply making the
minimum payments is causing your distress and certainly not getting
you out of debt. What should you do?
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Do you have a poor credit rating? If so, you are one of tens of
thousands of Americans with the same problem. In fact, it seems
that this has become a national 'disease.' And just what do people
need that have a disease? They need a cure.
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Help! I've Been Turned Down
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Reach into your wallet or purse, pull out a card, swipe, and
you're done. It is very easy to use a credit card. The problem lies
in choosing a card – and it has nothing to do with the picture on
the front! Choosing a credit card that works best for you is vital
to your credit rating. If you choose incorrectly, you may find
yourself in deep debt trouble. Here is some basic, yet
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