While inflation has been slowing down recently, years of rising costs and high interest rates have weighed on many Americans. So, if you’re now struggling to pay off high-interest credit card debt, know that you’re not alone. Since the end of 2021, credit card delinquencies have been increasing in the US, with over 10% of credit card balances at least 90 days delinquent, according to the New York Fed.
If you aren’t capable of paying off your credit debt, there are ways to potentially work out an agreement with credit card companies to either reduce or forgive your debt. One option is to work with a debt relief serv…
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