Credit card debt, the government and us
I'd never dreamed anything could be more shocking than looking at my credit card balance, but that was before I opened this month's statement. There, staring me in the face, was a message informing me that if I paid the minimum balance each month, it would take 31 years to pay off the credit card.

Cash Flow Triage
It's Monday morning and you don't have enough cash on hand to make Friday's payroll. What options do you have? Cash flow crunches affect every company. Ideally, you can weather these crises by accessing a line of credit or revolving loan you've already set up with your bank, or tapping into cash reserves you've put aside for such an occasion. But what can you do if you've failed to plan ahead? Here are some triage techniques to help get you through such an emergency:

Problem Called Credit Card Debt
Credit cards are no more a luxury, they are just about a prerequisite. So, you would imagine lots of folk going for credit cards. In fact, a large amount of folks posses more than one credit cards. So, the credit card industry is growing by jumps and bounds. However, the credit card industry and credit card holders are posed with a huge problem called 'Credit Card Debt'. In order to understand what 'credit card debt' actually means, we need to understand the workflow related to the use of credit cards as such.

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