How to Get Rid of Your Credit Card Debt

On this edition of Industry Focus, host Michael Douglass and Fool contributor Matt Frankel discuss personal finance -- in particular, credit card debt. The average American household that carries credit card debt owes more than $16,000. At an average interest rate of more than 15%, that translates to more than $2,400 in interest per year. Michael and Matt talk about how to get rid of that debt.

A full transcript follows the video.

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Source: Fool.com