U.S. credit card debt stands at a record of nearly $1 trillion. 5 moves to pay down your balance

U.S. credit card debt stands at a record of nearly $1 trillion. 5 moves to pay down your balance

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On the heels of another rate hike earlier this month by the Federal Reserve, the average credit card rate is now more than 20% on average, an all-time high. Sky-high APRs make credit cards one of the most expensive ways to borrow money from month to month and yet, many Americans continue to take…

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