Why You Should Pay Off Your Credit Card ASAP Amid rising financial pressures due to inflation, increased interest rates, and the cessation of pandemic relief efforts, American credit card debt has hit a record $1.13 trillion in late 2023. The New York Federal Reserve reports a 1.2% increase in overall household debt, with credit card delinquencies rising significantly. This situation underscores the importance of prioritizing debt repayment to mitigate the impact of these economic challenges. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The economy might be booming, but housing is in a recession: Top real estate CEO says he’s never seen anything like it in 20 years READ MORE IMF Cautions Against Premature Rate Cuts by Central Banks READ MORE How Much Gold and Silver Should I Buy for My Portfolio? READ MORE Central Banks Kick Off 2024 with Significant Gold Purchases READ MORE Oil Prices Spike as US Inflation Concerns Ease and Geopolitical Tensions Rise READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
