You’re fabulous. But your credit card debt is keeping you fabulously broke, and other payment options like “Buy Now, Pay Later” (BNPL) are probably making things worse. Let’s fix that.
Credit card debt in America broke another record last month, with our collective damage now over $1.2 trillion, the Federal Reserve Bank of New York’s most recent Household Credit and Debt Report found. It’s the seventh time in eight quarters the record has been broken, and since this number doesn’t include any money loaned through BNPL services like Klarna and Afterpay, our actual debt burden from month to month is probably higher.
Debt keeps his boot on our chest month after month, and not in the playful-kinky kind of way. It’s a…
