CREDIT CARD CRUNCH: Here's the 'best weapon in your arsenal' to fight mounting debt
dropped a single percentage point in 2022 to 35% from the previous year. However, the amount of debt incurred rose 24% averaging $1,549.
The"best weapon in your arsenal against credit card debt is a 0% balance transfer credit card," says LendingTree chief credit analyst Matt Schulz. According to Schulz the best thing to fight debt is to get a new card with 0% APR to pay off old credit. "Maybe the best weapon in your arsenal against credit card debt is a 0% balance transfer credit card," he said.While these cards may have some prerequisites "it's important to know that there are some fees associated with those. There [is] some fine print that you need to know," he continued.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Frankencar 2023: The best of our Best Car To Buy finalistsWith the Braptor’s off-road capability, the Civic Type R’s driving dynamics, and the Lyriq’s instant torque we’ve created quite a monster.
Les mer »
Seattle Credit Union to shut down locations over crime, cratering foot trafficTwo branches of the Seattle Credit Union are closing due to declining foot traffic and safety concerns. The credit union will close the branches in February.
Les mer »
Sanders, Warren, and Others Raise Alarm Over Rise of Medical Credit CardsMore than 100 million people are saddled with medical debt in the U.S., collectively owing upwards of $200 billion.
Les mer »
Bitcoin Miner Marathon Digital Pays Off Silvergate Revolving CreditBitcoin miner MarathonDH in December paid down $30 million from a revolving line of credit from silvergatebank. $MARA $SI egreechee reports
Les mer »
Here Are All The EVs Eligible Now For The $7,500 Federal Tax CreditTo qualify for the full tax credit, an EV must be assembled in North America, have a battery size of at least 7 kWh and a GVWR less than 14,000 pounds.
Les mer »
Over a third of US households rely on credit cards to cover expenses: SurveyA new survey found that over one-third of American households relied on credit cards to cover expenses in December.
Les mer »