Escape Credit Card Debt Traps With This Simple Method!

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Credit card debt is at HISTORIC levels. The debt is out of control and threatens to prevent so many Americans from ever becoming financially independent. Can you believe the credit card debt is over $1 trillion? AND the interest rates are well over 20% on average.

What can you do to pay down this debt? Well a balance transfer is one option. There are others. Let's take a look at this important aspect of the economy and how it impacts you.

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Some of the interest rates are usurious. I think that’s the word.

helpyourcattodrive
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Isn't that called loan sharking 24% interest rate ?

motocaza
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As a european, i dont understand the americans fascination with credit cards. I dont know anybody who uses a credit card. Its mostly debit here.

pillowcasestudies
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I'm passing this on to my daughter to reiterate what I've been saying, doing for years!! Txs

stevenwynn
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Cap, you actually motivate me to prepare to spend more... 😂 if I spend a low 6 figures (per year) on all my top-tier US/foreign credit/charge cards, that would be awesome. I think that time would come starting in Q1 2024.

theinternationalist
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1:51 I like grocery shopping because I like to cook. I always look for manager specials.

jackasswhiskyandpintobeans
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Tyrone, I did cut all the dark squares of the chess board on my table saw. I finished all the light squares. I was fiddling with the layout today in my garage. I think this board will look pretty good.

jackasswhiskyandpintobeans
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Credit cards can be a great tool if used wisely i.e., take the perks and pay off monthly.

jackasswhiskyandpintobeans
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SBF's bail has just been revoked - is this true ?

philjohnson
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Live on less than you earn, don't buy on credit.

jonathanmcgovern