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1. Credit card debt is at a record high and growing
daily
2. Credit card debt has reached $951 billion
3. There are about 1.2 billion credit cards in the U.S.A.
4. 40% of American families annually spend more than they earn
5. 60% of cards are not paid off monthly
6. Average credit card balance in U.S. households is around $8,400
7. $1,200 annually spent in credit card interest
8. Last year alone, $43 billion was paid in credit card fees
For more facts on credit cards visit spendonlife.com and
cardtrack.com