http://www.doctordebt.net/debt/debt-elimination/credit-card-debt-elimination/ Credit card debt elimination can prevent future financial problems. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 You've heard it all before: Wash your hands thoroughly to prevent catching colds and other viruses, use condoms to prevent....well, you know. But if you practice credit card debt elimination, you can prevent a host of financial viruses as well. Just the Facts Credit card debt in the United States has reached epidemic proportions. Consider these statistics: The average of all household credit card debt in 2004 was $9,312 It would take 13 years to pay off that $9,312 at 14% interest if you only pay the required monthly minimum (4% of your balance). This means you'll be paying $3,778.81 in interest, so you pay back a grand total of $13,090.81. The total balance of all U.S. credit card debts is $665 Billion A recent study done by the American Bankers Association showed that 4.81% of all accounts were past due by 30 days or more. Jiminy! Now more than ever, we're a nation in need of credit card debt elimination. And it's not just the United States--debt affects people worldwide. And people all over the world can learn all about credit card debt elimination and how to get credit card debt relief from the Debt Doctor. How to Get Credit Card Debt Elimination If you have a little more debt than you're comfortable with (or even a lot more) you can simply double up on the payments to your debt elimination programs or begin paying your balances off in full each month, then stop using your credit cards. That sounds very simplistic. The reality is that for most people, it isn't quite that easy. Most could benefit from a credit card debt elimination program or help. And there's a credit card debt elimination program for almost any debt situation. The most basic ones people use for credit card debt elimination are debt consolidation, debt consolidation loans, debt settlement and debt consolidation mortgages. Most of these credit card debt elimination programs can have you out of debt in five years or less, and most of them rely on reductions in balance or interest rates, or both! To learn more about these debt elimination programs, search the pages of our site. Before you know it, you'll be on the road to credit card debt reduction! Sat, 26 Jul 2008 15:00:00 EDT