SPOKANE, Wash. — Spokane residents are grappling with significant credit card debt as Americans collectively carry $1.2 trillion in unpaid balances.
The average Spokane household owes around $12,000 in credit card debt, according to Numerica Credit Union data.
Financial experts say addressing debt starts with changing spending habits and eliminating reliance on credit cards.
“It’s kind of like holding up a mirror to our finances. So lay out on paper everything that you owe. How many cards is it? What are the balances? What are the interest rates? And then, we come up with a strategy to begin to pay those…