According to Debt.org, the average household with a credit card in the U.S. has, on average, $8,284 worth of credit card debt. The total debt overall carried by the U.S. is more than $13.5 trillion. It’s clear that, as a country, we have a pretty serious spending problem, but what can we do to combat credit card debt? When debt is a cultural and social norm, it can be tough to fight your way out. In today’s blog here at Sanchez Garrison & Associates, LLP in Baltimore, we talk about five tips that can help you reduce or even eliminate your credit card debt.
Despite your best efforts, are you considering filing bankruptcy? Contact us at Sanchez Garrison & Associates, LLP in Baltimore for your free bankruptcy consultation. We can go over all of your options and help walk you through the bankruptcy process step-by-step.