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Americans collectively owed a shocking $1.14 trillion in credit card debt.
Unfortunately, despite rising delinquency rates — and the fact that credit card interest is very expensive with average rates of 23.37% — many people are at risk of adding to their debt burden as they enter an expensive time of the year.
“It’s important to get a handle on your credit card debt before the holidays,” advises David Peters, a CPA and the founder and owner of Peters Tax Preparation & Consulting. “If you are already carrying…
