Managing debt is an important part of overall household management in the United States. Credit card debt accounts for a major slice of that debt. This type of debt can also be pernicious and hard to control for two reasons: there are hidden fees associated with some cards and the interest rates can change on relatively short notice.
According to NerdWallet Finance, the average household credit card debt as of September 2014 is over $15,000. In total, that is over $11 trillion. That figure doesn't even include student debt and mortgages. That's kind of insane, right? Maybe you have more debt, and maybe you have less.
If you have been contacted by a debt collector claiming you owe money you may be either annoyed or confused. If you question the legitimacy of the call or the debt in question, it is important you know how to dispute debt allegations properly.