In the U.S., credit card debt is commonplace. In fact, household credit card debt across the country totaled $1.13 trillion during the fourth quarter of 2023. And, credit card balances increased by $50 billion from Q3 to Q4 2023, according to the Federal Reserve.
And, while credit cards can be useful financial tools, they can also cause financial hardship if you aren’t careful. After all, credit card accounts often have high interest rates and minimum payment structures that make it difficult to pay down what you owe.
But if you’re struggling with credit card debt, you have options for debt relief, including credit c…
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