With inflation and interest rates high, many consumers are struggling financially. The burden can be particularly heavy for those carrying credit card debt. The average interest rate on credit cards now sits at over 21%, up from just 14% a few years ago. The result is steadily rising balances and minimum payments that can often feel out of reach.
Fortunately, there are options for tackling that debt effectively and without hurting your credit score in the process. We asked some experts for their thoughts on the best ways to do so.
See what debt relief option works best for your situation here now.