Inflation drives Americans to high-interest credit cards, experts suggest debt consolidation for relief.

Inflation has pushed many Americans to rely on high-interest credit cards, with rates above 23%, leading to growing debt. Experts recommend debt consolidation loans to combine multiple high-interest debts into a single, lower-interest loan, simplifying payments and reducing interest costs. This can help manage debt more effectively, though consulting a financial professional is advised to address underlying financial issues and develop better money habits.

3 months ago
6 Articles