Monday, October 16, 2006

Drowning in credit card debt? You're not alone

David Morrill, business writer for the Tri-Valley Herald reports that SF Bay Area residents face a credit crunch, and reports on various options for dealing with it.

"Credit card debt is an issue for many. Bay Area residents carry an average of at least three credit cards with a total debt of $15,261 and monthly payments of $790, according to Experian's National Score Index."