What is your “financial” resolution for 2016? Most Americans want to reduce their outstanding debts by the end of 2016 and pave the way for a healthier financial future. United States (US) consumers continue to struggle with their credit card debt. According to the Federal Reserve and a few other government statistics, the average American household now owes around $7,821 in credit card debt alone. During the first quarter of 2015, it was reported that the total outstanding consumer debt had touched $3.34 trillion and credit card debt accounted for a major part of that debt. If you are…
