How to Tackle the High Costs Of Long-Term Credit Card Debt

It takes 13 years to pay off a $5,000 credit card bill, if one pays the minimum monthly amount. How can cardholders cut that timetable down to size? That’s the sentiment from a study by CreditCards.com, which shows the states with the highest credit card burdens are: Buried in the report data is something even more revealing about credit card holders wrestling with high card debt, especially in the Sunshine State.