American’s use - or misuse - of credit hangs as the single largest long term threat to our economy and therefore to our security, for it is our economy that draws the world to us and our industry as individuals that keeps it strong. Take away the incentive to work by overpowering an individual with debt - particularly unsecured credit card debt - and you have the likelyhood that such a person will give up and give in.

Credit card debt is huge. If you’d like to know just how huge, go to this site and find out and, perhaps, let the stats be a wake up call.

http://www.creditcards.com/statistics/credit-card-industry-facts-and-personal-debt-statistics.php

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