According to Consolidate Credit, the average household credit card debt is $6,600. This includes personal debt. Being in debt can be a form of slavery that can keep you from buying the necessities for your business, owning a new home, buying a new car, helping your children with college expenses along with many other things that you may want or need for yourself. There are several helpful smartapps that can help people work on ways to reduce their debts. After all, there is no sense of having a smartphone just to pay a high bill and not be smart about using the apps to help you save money or even reduce debt.
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