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    But, if you think that credit cards have made the lives of modern American consumers easier, you may be wrong...

    Statistics show that the average credit card d

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    Credit cards have revolutionized the purchasing experience since Diners Club released the first credit card in the year 1950.

    The Dinners Club credit card gave consumers limited credit that, at times, even surpassed the personal savings of some participants. It allowed them to buy items they usually could not afford if they were to make a straight cash purchase. It also provided the convenience and safety of not having to carry large amounts of cash.

    On average, American households possess 4 credit cards or a total of 13 payment cards if debit cards and store cards are included. There are, actually, 1.3 billion payment cards of assorted types in circulation in the United States.

    But, if you think that credit cards have made the lives of modern American consumers easier, you may be wrong...

    Statistics show that the average credit card de

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    s limited credit that, at times, even surpassed the personal savings of some participants. It allowed them to buy items they usually could not afford if they were to make a straight cash purchase. It also provided the convenience and safety of not having to carry large amounts of cash.

    On average, American households possess 4 credit cards or a total of 13 payment cards if debit cards and store cards are included. There are, actually, 1.3 billion payment cards of assorted types in circulation in the United States.

    But, if you think that credit cards have made the lives of modern American consumers easier, you may be wrong...

    Statistics show that the average credit card d

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    traight cash purchase. It also provided the convenience and safety of not having to carry large amounts of cash.

    On average, American households possess 4 credit cards or a total of 13 payment cards if debit cards and store cards are included. There are, actually, 1.3 billion payment cards of assorted types in circulation in the United States.

    But, if you think that credit cards have made the lives of modern American consumers easier, you may be wrong...

    Statistics show that the average credit card d

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    r a total of 13 payment cards if debit cards and store cards are included. There are, actually, 1.3 billion payment cards of assorted types in circulation in the United States.

    But, if you think that credit cards have made the lives of modern American consumers easier, you may be wrong...

    Statistics show that the average credit card d

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    But, if you think that credit cards have made the lives of modern American consumers easier, you may be wrong...

    Statistics show that the average credit card debt for each household in the U.S. is $4,800 per month. Also, there were 1.3 million credit card holders declaring bankruptcy in the year 2003.

    And if you still consider yourself unaffected by credit card debt, then consider this: upon retirement, most Americans can only expect to receive about 37% percent of their annual retirement income because of prior debt payment. This will leave many individuals depending on the government, family and charity for economic survival.

    These are some scary facts. So before you find yourself in a position of economic uncertainty, it might be wise to evaluate your spending and current credit card debt.

    If your credit card debt exceeds wh

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