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15-Dec-2017 09:59

By Susan Gulliford/Value Penguin The average credit card debt for an American household is ,700,and it rises to more than ,000 for households that do not pay off their balances each month.

Clearly, while that level of debt is challenging for many households, it can be tamed and managed, along with other expenses and obligations.

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That way they can "figure how much have available each to month to tackle the debt."Financial advisors point out that people need to avoid certain behaviors in order to get their credit card debt under control.There’s abundant evidence, for example, that when health insurers merge, premiums rise.



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