http://www.credit-counseling-explained.com/credit-counseling/american-credit-counseling.html American credit counseling can teach you what got you into debt and how to get out. Is American credit counseling right for you? en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Americans are falling deeper into debt more and more all the time. On this page, we will reveal sobering statistics about Americans' use of credit that has created the need for American credit counseling. Facts and Figures Here are those sobering statistics we referred to: Americans spent $2 trillion on all kinds of things last year The average of revolving (unpaid) balances on credit cards in three of five American families is $12,000 The total consumer debt in the U.S. (on average)--not including mortgages--is over $7,000 Credit card companies sent out over 5 billion offers for credit cards in 2003 alone In 1996, late fees totaled $1.7 billion. By 2003, that figure soared to $7.7 billion Senior citizens on a fixed income are among the fastest-rising age group in debt, with the average credit card balance going up 89% between 1992 and 2001 Had enough? We could go on, but you probably got the idea. As you can see, Americans need American credit counseling now more than ever. What American Credit Counseling Has to Offer When you enroll in an American credit counseling program, you'll learn how to budget, how to save and how to use credit wisely. That should be what you expect. What you may not expect is options on getting you out of debt. Most American credit counseling companies offer debt management programs like debt consolidation, debt settlement, debt consolidation loans, debt consolidation mortgages and student loan debt consolidation. Of course, they'll recommend that you take advantage of the credit counseling services they provide in tandem with your debt management program (if you need one). To find an American consumer credit counseling service, search the Internet. You'll find plenty! Choose one to see how much an American credit counseling program can benefit you. Sat, 26 Jul 2008 15:00:00 EDT