56 million Americans have been in credit card debt for at least a year. ‘We are seeing pockets of trouble,’ expert says
56 million Americans have been in credit card debt for at least a year. ‘We are seeing pockets of trouble,’ expert says
www.cnbc.com 56 million Americans have been in credit card debt for at least a year. ‘We are seeing pockets of trouble,’ expert says
More Americans carry credit card debt from month to month as living expenses stay high, according to a new report by Bankrate.
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One of my credit cards offered me a 0% deal for a year. I used it to have work done on my house. Why WOULDN'T I carry that balance for a year and pay it off?
Because it's pending exposure.
Now if you found a way to turn around and earn interest or earn extra with that money...now you're cooking with gas. Just make sure the earnings are worth the relative risk, and that you hedge against that risk.
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