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Racking up expensive credit card debt is a dangerous route to take in nearly any economic environment, but it’s only become more risky in recent years. Not only are credit card interest rates sitting at historic highs of over 23% right now, but the cost of daily living expenses is continuing to climb as inflation ticks back up. So, if you’re allowing your credit card balances to roll over month after month, you’re running the risk of your debt ballooning out of control at a time when necessities are comprising a…
