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    ard debt at 18% interest, it would take approximately 42 years to pay off that debt. That's a long time to pay for that new television you so desperately wa
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    Credit cards have become a way of life for most individuals and families. The convenience of credit cards has led to their increased usage and with that increasing credit card debt. The statistics on the average credit card debt held by consumers is staggering at nearly $9000 by the average American said the Consumer Federation of America in a recent report. Credit card debt is not simply a problem because of the average amount owed, but also because of the interest rate charged, which only increases the amount of debt and makes it much more difficult to pay off. If you were to pay just the monthly minimum on $9000 of credit card debt at 18% interest, it would take approximately 42 years to pay off that debt. That's a long time to pay for that new television you so desperately wan
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    asing credit card debt. The statistics on the average credit card debt held by consumers is staggering at nearly $9000 by the average American said the Consumer Federation of America in a recent report. Credit card debt is not simply a problem because of the average amount owed, but also because of the interest rate charged, which only increases the amount of debt and makes it much more difficult to pay off. If you were to pay just the monthly minimum on $9000 of credit card debt at 18% interest, it would take approximately 42 years to pay off that debt. That's a long time to pay for that new television you so desperately wa
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    r Federation of America in a recent report. Credit card debt is not simply a problem because of the average amount owed, but also because of the interest rate charged, which only increases the amount of debt and makes it much more difficult to pay off. If you were to pay just the monthly minimum on $9000 of credit card debt at 18% interest, it would take approximately 42 years to pay off that debt. That's a long time to pay for that new television you so desperately wa
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    charged, which only increases the amount of debt and makes it much more difficult to pay off. If you were to pay just the monthly minimum on $9000 of credit card debt at 18% interest, it would take approximately 42 years to pay off that debt. That's a long time to pay for that new television you so desperately wa
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    ard debt at 18% interest, it would take approximately 42 years to pay off that debt. That's a long time to pay for that new television you so desperately wanted and probably don't have after 42 years.

    With increased credit card debt, many of us are threatened by surmounting debt issues and many of us are looking for solutions besides bankruptcy since in 2047 we probably don't want to be paying for that now obsolete and probably non-existent television we bought way back in 2005. One possible solution is debt consolidation.

    How can debt consolidation help with credit card debts?

    While there are several ways to go about debt consolidation, if you are not quite in a position where you need a debt counselor and debt management plan and your credit is still in

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