US Equity Advantage® (USEA) announced today the release of a free e-book for consumers: “How to Beat Credit Card Companies at Their Own Game: The Bi-weekly Loan Payment Strategy; How Basic Math Can Set You Free from Debt”
The average US household’s credit card debt stands at $15,185. That’s an especially disturbing number when you consider that the median annual income for Americans is only $50,000, meaning that many single-income American households could owe nearly a third of their income (or more) to credit card companies.
In fact, credit cards are the third largest source of debt for consumers, just behind student and home loans. In total, American consumers currently owe $849.8 billion on their credit cards alone.
Unlike some other types of loans, credit cards are structured with certain key characteristics that make them especially perilous for consumers. How to Beat Credit Card Companies at Their Own Game looks at some of those particular issues and how the consumer can outsmart them with a simple strategy.
“There’s nothing wrong with credit cards. In fact, when managed well, credit cards can add enjoyment to your life and build good credit. However, when credit card debt gets out of hand, the stress we put on ourselves and family can be overbearing.” said Robert Steenbergh, CEO and President of US Equity Advantage. “Getting smart about credit card debt could be your first step toward financial peace.”
This new personal finance educational e-book from US Equity Advantage gives consumers five great reasons why credit cards might be the first debt they should tackle and the strategy to do it.
To download the free e-book visit: http://tinyurl.com/lqz6vpd
Founded in 2003, US Equity Advantage (USEA) stands as the industry leader in bi-weekly and early loan payoff services, from home and automotive to RV, boat and student loans. USEA helps its members reach their financial goals faster through flexible payment plans to accelerate their loan payoff, ultimately saving money in costly interest, staying within their budget and building valuable equity. For more information please visit: www.usequityadvantage.com.