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A recession would be bad news for everyone, and it could be even worse if you’re carrying expensive credit card debt. The average credit card debt is $6,730, according to the most recent data ...
If you have credit card debt, now is the time to look into personal loans and balance transfer credit cards. In times of economic turmoil, lenders get cautious, making it potentially more ...
If you carry credit card debt when a recession hits, balance transfer cards and 0% APR offers can provide valuable breathing room. Here are some strategies you could try: ...
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I’m 54, earning $70,000 and carrying $41,000 in credit card debt ...If you’re in your 50s and carrying credit card debt, you’re far from alone. Experian says that, as of 2024, Gen Xers owed an average of $9,255 on their credit cards.
Pursuing debt forgiveness can make a lot of sense for some seniors, but it won't be the right move for everyone, experts say. Getty Images/iStockphoto Credit card interest rates remain high right ...
An overwhelming majority express some degree of stress about credit card debt – from a little bit (33.1%) to a medium amount (27%) to a lot (21.5%). Read: ...
Edited by Katy Marquardt | March 26, 2025, at 11:06 a.m. ... Getty Images Using your tax refund to pay off credit card debt can help you save money and improve your credit score.
Using a HELOC to pay off credit-card debt ranging from $20,000 to $30,000 might be a good idea for the right person, said Scooter Thomas, a financial adviser at Savant Wealth Management in ...
We’re not in a recession (as of this writing, at least), but that doesn’t mean people aren’t stressed. A NerdWallet survey found that 85% of Americans have concerns about tariffs, with 45% worrying ...
Smart Credit Card Moves to Make in a Recession May 01, 2025 — 01:48 pm EDT Written by Sara Rathner for NerdWallet -> ...
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