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 Morgan Stanley Economist Foresees Inevitable Recession Due to Fed's Rate Hikes READ MORE Why Britain Is Still Paying the Price for Gordon Brown’s Gold Bullion Blunder READ MORE Gold Prices are Dropping. CBSNews Shares 5 Good Reasons to Invest Now READ MORE New Highs For Gold & Bitcoin: Monthly Wrap with Alan Hibbard READ MORE Record-Breaking Rally: Gold Prices Soar on Economic Easing and Safe-Haven Demand READ MORE Add a Comment Cancel replyYour email address will not be published.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