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How Bad Is It?

How do you stop an elephant from charging? Take away his credit cards. Elephant jokes are old news, but our addiction to credit card debt in this country goes on and on. Just how bad is our addiction to credit cards? According to the American Bankruptcy Institute (www.abiworld.org), our national credit card debt is around $735 billion dollars, which is an average of almost $7,000 per household.


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