Credit cards have wreaked havoc in the lives of many American consumers. In fact, is there one person who has not had the urge to swipe their card at the drop of a hat? At some point in time, all of us have gone through the euphoria of using credit cards to make unnecessary purchases and have also gone through the nightmare of paying back the money also. Many of us haven’t been able to pay off our credit card debt and have faced embarrassing situations too. But many people don’t learn from these mistakes, and make them over and over again with the same repercussions. Americans thrive on debt, whereas with the global meltdown we’re finding...
