Blog: Paypal Debit Card Canada

Millions keep up with their household bills, as well as paying for luxury items, using high limit credit cards. Many people choose to make just the minimum monthly payment which only serves to worsen credit card debt and financial problems.

The Scale of High APR Credit Card Debt

According to research by the Consumer Credit Counselling service (CCCS) in Q3 2008 , "The average UK adult has debts on credit cards approaching £2,300. Clients of CCCS owe on average over £14,000 on credit cards. CCCS counsellors are now dealing with almost 50,000 credit card debts every month, 3.5 times more than three years ago."

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