Posted by Pin-Yu
Under the threat of increasing regulation, credit card companies provide more online assistance. Gerri asks how helpful is it really?
The average American family carries $8,000 to $10,000 in credit-card debt. A new Web site, called helpwithmycredit.org, was developed by the credit card industry to help consumers out. The site promises to help you manage your debt; communicate better with your credit card companies, and will hook you up with accredited credit counselors.