Month: July 2019

Instead of credit card debt

  Debt is a huge trap that is very easy to slip into and very difficult to get out of. The perpetually available credit lines, which are designed to get you hooked as quickly as possible, are particularly dangerous. All credit card refunds only serve to bait on that particular hook. You save three percent ….  Read More

Credit Card Debt in the United States

Unfortunately, not surprisingly, household debt increased slightly to $ 5,581. However, this figure is deceptive because only 38.1% of households have such debt at all. So those who are owed are $ 16,048 debtors, and the interest they pay is typically between 15% and 20%. (The median annual income of households is $ 53,719, before ….  Read More