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    Have you ever imagined how much of your money is literally going waste as interest payments on credit cards? The average family in the United States is knee-deep in debt with a liability of around $7500 as credit card payments. About $1000 is paid as interest each year by the family to the credit card company. If you include a couple of late payments and over the limit charges, th
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    bout $1000 is paid as interest each year by the family to the credit card company. If you include a couple of late payments and over the limit charges, t
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    pany. If you include a couple of late payments and over the limit charges, the figure gets embarrassingly high.

    Nearly three out of five U.S. households are accountable for the approximately $560 billion in outstanding credit card debt. The total consumer debt including credit card payments and home mortgages are around 6.8 trillion beating the total US national debt, which

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