The story

Credit cards are as much a part of the American economy as $20 bills, but a fervent subset of consumers has sworn off plastic money altogether.

"Credit card debt is our biggest hindrance in being able to take care of our families and set ourselves up for prosperity," said finance student Brad Chaffee, 34, of Charlottesville, Virginia.

"If your paycheck is going toward paying all these credit card companies off, you can't get very far," added Chaffee, who has a Web site called "You certainly can't use your income as a wealth-building tool -- which is what it becomes when you don't have all these debt payments. I feel very strongly about that." Read full article »

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