Road to Debt Freedom

Road to Debt Freedom

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In these days of national economic prosperity, consumer credit card spending has reached an all-time high. The Consumer Federation of America reports that 55-60 million households carry credit card balances, and these balances average more than $7000. In the face of mounting debt, a majority of consumers have indicated their desire to become debt free. Road To Debt Freedom: Paving the Way to Prosperity offers timely help for those who seek to reduce, and/or eliminate their indebtedness and provide a more secure financial future for themselves and their families.Compounded interest can significantly affect the cost of borrowing money. Interest can be compounded daily or monthly and there are different ways that credit cards calculate the balance on which the interest can be applied. Credit card debtanbsp;...

Title:Road to Debt Freedom
Author:S. Todd Cook, Michael A. Kiefer
Publisher:Amer Literary Press - 2000


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