When credit card debt is weighing you down, it’s time to find relief.
If the typical American charged each of their credit cards to the limit, they would end up $30,365 in debt — that’s the average credit card limit in the U.S. More than $30,000 in credit card debt may not seem like a big deal to someone with secure employment who earns more than enough to pay it off, but it’s all relative. If you’re currently unemployed or just making ends meet, even $5,000 in credit card debt may feel overwhelming.
Here, we’ll discuss real steps you can take to handle credit card debt when it becomes too much. They won’t all apply to your situation, and that’s okay. Pick and choose what works for you.
Choose a payoff strategy
If you have a lit…
Read the full article at: https://www.fool.com/the-ascent/credit-cards/articles/how-to-handle-credit-card-debt-when-youre-in-too-deep/
