Published 2 days ago • loading... • Updated 2 days ago

Carded: Many Americans struggle with credit card debt

Summary by KCRG

Got credit card debt? There are several ways to approach paying it off. Consumer Investigator Rachel DePompa talks to NerdWallet about different debt repayment strategies.

4 Articles

All

Left

Center

Right

Lifehacker

The Six Best Methods for Paying Off Credit Card Debt

Struggling with high-interest credit card debt? You're not alone. The average consumer’s credit card balance is now $6,580, a new report by TransUnion found. Here are the top strategies for paying it off, including the debt snowball method, debt avalanche approach, consolidation loans, balance transfers, and more.

Carded: Many Americans struggle with credit card debt

Got credit card debt? There are several ways to approach paying it off. Consumer Investigator Rachel DePompa talks to NerdWallet about different debt repayment strategies.

2 days ago·Cedar Rapids, United States

Read Full Article

Moguldom

The Average American Has $6K Of Credit Card Debt: Remembering What Malcolm X Said About Buying On Credit

Credit card debt is reaching alarming levels, particularly among Black households, as Americans struggle with rising costs and high-interest rates. With 46 percent of people carrying credit card debt from month-to-month—up from 39 percent just a year ago—the financial burden is becoming a credit crisis, according to Banking Exchange. The Federal Reserve’s interest rate hikes have only exacerbated the issue, pushing the average credit card APR to…

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year