2012年6月26日火曜日

What counts as being "in credit card debt"?

Question by : What counts as being "in credit card debt"?
On the news, I keep hearing about the average credit card debt being over $ 10K. I charge everything (and I do mean everything: gas, groceries, utility bills, clothing, etc.) on my credit cards for the rewards points, so I often put about $ 1,500 to $ 2,000 on my card each month. BUT, I pay it off in full at the end of each billing cycle, so I never carry a balance or pay interest.

Am I considered "in credit card debt?" Am I

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