With the threat of rising interest rates looming, it's time to focus on credit card debt management.

Thanks to extensive marketing programs for every product available for sale, and thanks to the ease of obtaining credit, consumer credit has led to external debts around the world far exceeding the economic output of many developed countries.

It's time to change the way in which consumers spend money from reliance on credit card debt to more reliance on savings accounts, seriously strive for reducing consumer credit and employ credit card debt management programs.