/24-7PressRelease/ - September 14, 2006 - Your Credit Advisor has officially launched its new credit advice Web site. The Web site features credit card reviews and a blog titled Ask the Advisor that provides credit and personal finance related news and advice. One topic the blog will cover is how to improve your personal credit. Credit cards offered through Your Credit Advisor are sorted by issuer, such as American Express, Chase, or Citibank to name a few. Cards are also sorted by type, including 0 APR, business, and cash back.
Your Credit Advisor executive Jimmy Atkinson is leading the development of the site. "Consumers have a lot of questions about credit cards and loans. Your Credit Advisor and our blog Ask the Advisor is hoping to fill this niche by offering sound advice. We hope to be a helpful resource for anyone looking to learn more about personal finance," Atkinson says.
Credit cards have become a major player in American consumerism. The average credit card debt is over $11,000 per American household. American debt is beginning to become a serious problem. Total American consumer debt, which includes home mortgages, exceeds $6.5 trillion, which is roughly $22,000 per capita. The American personal savings rate has declined from 8.5% in the early 1980s to less than 0% today.
Your Credit Advisor is available on the World Wide Web at http://www.yourcreditadvisor.com.
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