BALTIMORE — More people are defaulting on their credit card payments as debt continues to climb. There are several debt repayment strategies, but one in particular helped Darryl France dig his way out of $25,000 in debt in just four years.
“You know, you put something on a credit card, it’s kind of out of sight, out of mind,” said France.
Everyday expenses, along with larger ones like an out-of-state move, childcare, and car payments while temporarily living on a single income, contributed to his financial situation.
“I was literally just paying enough to meet the limit, and that would be my balance until the next month when the interest hit. Just seeing how it was compounding and the time that it would take with me paying the…
