Rising Credit Card Debt and Interest-Rate Hikes Are a Call to Action

A combination of inflation and higher interest rates has compelled more people to stretch their budgets by increasing their credit card usage. In April 2023, the Consumer Finance Protection Bureau (CFPB) reported that average interest rates for credit cards had surpassed 20%, and estimated that America’s 175 million credit-card users would continue to set debt […]


from Market Insights | Thrive Wealth Advisors https://www.thrive-wa.com/rising-credit-card-debt-and-interest-rate-hikes-are-a-call-to-action-2/
via Thrive Wealth Advisors

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