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	<title>Monetary Direction &#187; credit card debt</title>
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		<title>Watch Out! Credit Card Debt Can Come Up and Bite You</title>
		<link>http://monetarydirection.com/watch-out-credit-card-debt-can-come-up-and-bite-you/</link>
		<comments>http://monetarydirection.com/watch-out-credit-card-debt-can-come-up-and-bite-you/#comments</comments>
		<pubDate>Sat, 07 Feb 2009 05:12:17 +0000</pubDate>
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				<category><![CDATA[credit cards]]></category>
		<category><![CDATA[credit card debt]]></category>

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		<description><![CDATA[Credit card debt is a major cause of over one million bankruptcies each year.  The reason is that many people get a credit card without researching and reading the fine print.  By the time annual fees are added on, along with spending indiscriminately, payments are missed, which causes their balance to skyrocket.
Although we all like [...]


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