On average, today's consumer has a total of 13 credit obligations totaling an average of $15, 799 per household. (Source: myfico.com) These include credit cards such as department store charge cards, gas cards, bank cards and installment loans (auto loans, mortgage loans, student loans, etc.)
Not surprisingly, according to CreditCards.com research, 81% of people say they are very or somewhat unlikely to talk openly about the amount of owed credit card debt.
Today, people are bombarded....