Consumers in Maryland often utilize credit cards. Although these can be helpful tools to establish and uild credit, it could also be a negative tool that could put them in the hole. It is important to keep a healthy financial life, but there are events in life that might cause consumers to over use their credit cards.
The statistic from a survey conducted the National Foundation for Credit Counseling stated that three times more people were more embarrassed by their credit card balances than their weight. Another study conducted recently shows that people who have to carry forward the card balances every month often experience resentment or even rage.