Credit card debt can be easy to accumulate, especially in today’s inflationary environment. And, nearly half of the American population owes balances to credit card companies right now. About 56 million of them have had revolving debt for more than a year.
If you’re facing a significant amount of debt, you may be searching for ways to pay it off quickly. And, that makes sense considering that these revolving accounts can be costly thanks to the high interest rates they often come with.
But what if you have $20,000 in credit card debt and want to pay it off in three years or less? What are some ways to do that?
Read the full article at: https://www.cbsnews.com/news/how-to-pay-off-20000-in-credit-card-debt-in-3-years-or-less/