Lowest credit card debt level in past eight years

With the U.S. economy in shambles for the few years and more and more credit card debt building with the innovation of credit and online shopping, credit card debt has become a real problem in today's society. However, there is hope. With credit card debt falling under $5,000 for the first time in eight years and people making more timely payments, people and their debt look to be correcting themselves. This 13% decrease, from the national average of $5,719 last year, shows great improvements in the saving power that Americas were thought not to have.