The Tour
 71 Gems
 12 Goofs 

 Site Map


Special Report: Credit Cards

Site Search:
Google Custom Search

 B. Franklin,

SmartConsumerTips Logo 
Gems of Consumer Wisdom
Health • Safety • Financial Freedom









  Mistake #10: High Credit Card Debts  

"Credit buying is much like being drunk. The buzz happens immediately, and it gives you a lift. The hangover comes the day after."~ Dr. Joyce Brothers (1927-), American Psychologist, Television and Radio Personality.

10. Running up a high credit card debt. Americans owe an astounding $876 billion in revolving credit, paying about $127 billion in credit card interest in just one year. About 15% of Americans are on course to declare bankruptcy at some point in their lives, often at least partly because of high credit card debt! Learn what to do: see how to manage debt and monitor the best credit card offers at:

(Next Gem: Mistake #9: Forgetting Safety)

 HomeQuick TourThe Tipsheets12 GoofsWeb LogCalendarList of ExpertsSite MapMedia Room
Mission StatementPrivacy PolicyContact InfoDisclaimer and Terms of UseB. Franklin, Printer
© 2007, Consumer Freedom Alliance • 14241 NE Woodinville-Duvall Rd. #182 • Woodinville, WA • 98072-8564
This site best viewed by IE 5.0 or above, or Firefox 5.0 or above. • A C.O.P.P.A. compliant site.