Credit card debt. Most of us have it. 92%, according to Credit Karma data. And it’s not just on one credit card. We’re hacking away at an average of about $6,500 in debt across six different credit cards.
The good news is that there are lots of ways to work on paying off that debt. Most people choose to pay each bill separately and try to manage them all at once. But juggling several credit card payments with different interest rates can be overwhelming, and often times you won’t know where to start or which card to pay off first . But there’s another way. And it’s called a balance transfer card.
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With times being as rough as they are one of the most important things to keep abreast of is your financial stability and where you stand. In this country, and I’m not sure if this applies in others, you can be broke with a great credit score and have the world, where as someone rich with a poor one can not…unless they pay everything cash.
