Amnesia about debt can land US consumers in financial ICU

When it comes to debt, it seems, Americans have a short memory. And that’s dangerous.Proof of this comes from a report by card-industry information website, which reveals that US consumers are on pace to rack up nearly $47 billion in new credit-card debt this year.That would bring the total amount of credit-card debt incurred from the beginning of 2011 through the end of 2013 to …

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