Americans’ credit card debt hits a record $1 trillion - This is a huge concern and risk to the US economy, as rates and defaults rise. It’s just unimaginable that the average car loan payment is almost $1,000/month at this point - and going up. Folks with adjustable mortgages on their homes are suffering - and missing payments. And the freaking rental rates for modest lodging is off-the-charts. So we ‘put it on the card’ hoping for future relief that may not, likely will not come. Soft landing my ass. #Economy #Debt #CreditCardDebt #CreditCardObsceneRates https://www.cnn.com/2023/08/08/economy/us-household-credit-card-debt/index.html

Global News BC: Money Tips Monday: How to deal with your credit card debt https://globalnews.ca/news/9793785/money-tips-monday-credit-card-debt/ #globalnews #britishcolumbia #news #JenniferRobinsexecutivedirectorofLaunchOkanagan #StatisticsCanada #MoneyTipsMonday #creditcarddebt #Canadiandebt #MoneyMatters #Economy #Equifax

Americans owe nearly $1 trillion in credit card debt—here's the breakdown by age https://cnb.cx/3qCa5Jx
I almost use the credit card for my payment.
But we should be thinkable to pay more than our cash.
#Creditcard #CreditCardDebt #Debt #DebtCeiling #debtceilingagreemment #debtceilingagreement #debtceilingcrisis #debtceilingbill

Americans owe nearly $1 trillion in credit card debt—here's the breakdown by age https://cnb.cx/3qCa5Jx
I almost use the credit card for my payment.
But we should be thinkable to pay more than our cash.
#Creditcard #CreditCardDebt #Debt #DebtCeiling #debtceilingagreemment #debtceilingagreement #debtceilingcrisis #debtceilingbill

Americans owe nearly $1 trillion in credit card debt—here's the breakdown by age https://cnb.cx/3qCa5Jx
I almost use the credit card for my payment.
But we should be thinkable to pay more than our cash.
#Creditcard #CreditCardDebt #Debt #DebtCeiling #debtceilingagreemment #debtceilingagreement #debtceilingcrisis #debtceilingbill

The power of compounding interest cuts both ways.

It can boost your savings or destroy it.

36% of Americans have more credit card debt than emergency savings. Average credit card rates are almost 25% and RISING!

If you have credit card debt, ruthlessly cut your expenses and pay that down now!

#personalfinance #creditcarddebt #compoundinterest #money #savings

I'm tired of doom-and-gloom news too, but this just isn't sustainable, especially w/ rising interest rates.

- More than 1 in 3 Americans have more credit card debt than emergency savings.
- In just 2yrs, Americans went from record savings to record debt.
- Credit card balances now total nearly $1 trillion.

#debt #personalfinance #creditcards #creditcarddebt

💳 :blobcatthink: Better your credit card debt situation with a few simple strategies and begin to ease the stress of these financial burdens. Here's what you should know.

#creditcarddebt #personalfinance #learn #learning #money #finance

More Americans are turning to racking up their #CreditCardDebt due to their inability to keep up with cost-of-living increases

https://newstarget.com/2023-02-06-credit-card-debt-surges-to-record-high.html

#DebtCollapse #DebtBomb

More Americans are turning to racking up their #CreditCardDebt due to their inability to keep up with cost-of-living increases #DebtCollapse #DebtBomb

https://www.naturalnews.com/2023-02-06-credit-card-debt-surges-to-record-high.html

Bloody Hell. Read this. #disability #poverty #creditCardDebt #MAiD #Investigative #Reporting https://www.thenewatlantis.com/publications/no-other-options

Americans are increasingly turning to #creditcarddebt and short-term loans as the cost of living becomes extremely painful

https://www.naturalnews.com/2022-09-21-americans-are-increasingly-turning-to-credit-card-debt.html

Americans are increasingly turning to #creditcarddebt and short-term loans as the cost of living becomes extremely painful

https://www.naturalnews.com/2022-09-21-americans-are-increasingly-turning-to-credit-card-debt.html