The recession forced people to stop and think about their personal finances. One area of great concern for those in Florida and elsewhere was credit card debt. For many people, credit card debt led to serious financial issues that were difficult, if not impossible, to overcome on their own. Even with a revival of the economy, some people may be unclear about how much credit card debt is too much or even whether they have a problem to address.
The confusion may stem from not understanding the numbers. People may falsely assume that having a certain amount charged on a credit card may indicate a credit card debt problem. However, the indicator may not be the dollar amount charged, but how that dollar amount relates to the total line of credit available.