Here’s how to break the chains of the repetitive credit card debt cycle.
credit card debt
At the start of the pandemic, many credit users were shocked to realize that their credit scores had dropped without warning. The drops had nothing to do with how they were managing their credit card debt. Instead, they were caused by credit card companies decreasing customers’ credit limits without notice. The practice is more common […]
Despite the pandemic leading to record unemployment last year, Americans managed to pay off record amounts of credit card debt, largely thanks to two rounds of stimulus. What’s more, the federal government leaned on credit card companies to be flexible, asking them to extend deferment options, where customers could reduce or pause payments completely. However, […]
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A surge in unemployment forced many to rely on plastic to make ends meet.
Your credit card will nickel-and-dime you to death — unless you do this.