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The economic squeeze is pushing more people into credit card debt. For 52.97% of Americans, housing costs now take over half their monthly salaries — leaving less for other crucial expenses. “There’s an increasing gap between what life costs and what people can earn in their jobs,” says Bobbi Rebell, certified financial planner and author at CardRates.com.
This trend is reflected in recent data. About 83% of Americans say they prioritize paying off credit cards this year, while…
