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Tag Archives: Florida Credit Card Debt

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Credit Card Debt Continues to Increase

By Nowack & Olson, PLLC |

According to Value Penguin, the average American household had $5,700 in credit card debt as of November 2018. The median (or midpoint) debt was $2,300. However, these numbers also include the households that carried no debt. By narrowing the analysis to households with debt, the numbers were much scarier: an average debt of $9,333…. Read More »

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CreditCards

Credit Card Debt Continues to Get More Expensive

By Nowack & Olson, PLLC |

If you carry a credit card balance, you probably regularly check your monthly statement. You might have noticed something surprising over the past year—even though you are regularly paying your debt, your balance does not seem to be declining as fast as it should. There is a simple reason—your interest rate has probably been… Read More »

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