Do You Suffer From Credit Card Debt?

Many Americans have already begun their holiday shopping, and their holiday charging. Experts say consumers are putting more and more of their holiday purchases on credit. Partly because they're short on cash, and partly because they want to get frequent-flier miles and other credit card rewards.

One credit card counselor says we're already carrying a record amount of credit card debt, about 735 billion dollars. And some believe that number will go up dramatically this holiday season.