Saturday, September 03, 2005

What is the Average Credit Card Debt of An Average American?

What does this mean...?

Average Credit Card Debt Of Average American Customer: "(U.S. consumers have an average debt of $11,224, according to Experian, up about 12 percent from a year ago.)"

It stinks. Being the Capitalist, God bless America, why should an average American have so much of Credit Card Debt ?

It means that they don't have proper control on how they spend money they don't own.

By reading this blog you are way above those average American..

You are doing something about it, learning and trying to do something about it.

Friend, you are in good hands.

Continue reading this blog and you'll learn a lot about how to improve your credit score and how you can better rates with every lending institution imaginable.

Johncy Edward
Yours Credit Score/Credit Repair Guru

What's the magic number?


I am sorry I was not posting because of plain laziness.

Hey I'm human.

The turth is my little son who is 2 and a half years old was bit sick and by the Grace Of God, he is ok now.

So I'm back at work.

Do you know what a 45 point difference in your Credit Score can mean to you? Just read this:

"A 45-point difference in a score can mean tens of thousands of dollars in interest charges on a long-term loan, Freeman said. For example, a buyer with a score of 720, about the national median, might pay around $856 per month on a $150,000, 30-year loan. Meantime, a buyer with a score of 675 might pay $920 a month for the same loan."

What does it tell you?

You have to be very very careful about your credit score and by reading this and all the ideas I give out to you, you can not only improve your credit score but also repair your credit if you need to.


Johncy Edward
Your Trusted Credit Score/Credit Repair Guru

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