New Personal Finance
Tuesday, 6/30, 06:44 PM
How to Dig Out of High-Interest Credit-Card Debt
- Americans owe a record $1.25 trillion on credit cards, at average rates above 20% — high enough that a $20,000 balance racks up roughly $350 a month in interest alone.
- Here's a plain-English toolkit for paying it down, and why hiring a 'debt settlement' firm is usually the wrong move.