Posted on Wednesday, January 02, 2013 at 2:58 pm CST
As of December 7, 2012, the average American household has $15,418 in credit card debt. This only takes into consideration those households which do have debt, according to NerdWallet.com. Overall, American consumers have $852 billion in credit card debt and this doesn't take into account mortgage debt or student loans. "If you are one of these households and feel you are drowning in debt, debt consolidation services can be of great assistance," Marc Hardgrove of Debt Consolidation 360 states.
Source: Debt Consolidation 360