Dont ignore your credit card debt; try some of these ideas to stay afloat during these uncertain times. (iStock)
Americans were already struggling with credit card debt before the spread of coronavirus affected the United States economy. In 2019, Americans collectively had nearly $14 trillion in consumer debt. The average credit card debt among borrowers is $8,398.
Continue Reading Below
With many Americans living on less money, paying credit card bills may feel impossible. Already, an estimated 30 million Americans have filed for unemployment benefits to helpcover monthly expenses like rent, utilities, and groceries. Some borrowers have even turned to their credit cards to help supplement theirincome.
If COVID-19 has exacerbat…
Read the full article at: https://www.foxbusiness.com/money/quickest-ways-to-pay-credit-card-debt
