U.S. Households: Less Debt, More Pocket Money
Anita Bullock-Morley was $57,000 in debt on 27 credit cards and close to filing for bankruptcy in 2007. With help from an Atlanta counseling service, she says she paid about $1,400 a month to clear her credit-card balances. Recently she forked over cash for an $800 iPad and an iPhone upgrade.
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