Personal Finance

May 28, 2013 8:00 AM

Let’s dig into that debt, shall we?

As too many people discover, however, debt can easily snowball, feeding on itself to the point where you have to borrow more just to pay down what you owe. If this scenario sounds all too familiar, you may be among the 46 percent of Americans who carry credit card debt from month to month — and needlessly pay hundreds or thousands of dollars in interest over a year’s time.

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