subject: Why you need a good credit card [print this page] Why you need a good credit card Why you need a good credit card
Although the average American owes about $8,000 on their credit card or cards, only one in twenty of those individuals actually have over $8,000 in credit card debt. This is because the individuals who have more than $8,000 in debt are usually in five or six digits of debt. This skews the average credit card debt for Americans by a large degree.
