As an advocate for debt-free living, you might guess that I would be totally against credit cards. You would be correct I am. But only if you can't use one responsibly. Read More: 30 Ways To Dig.
Debt was already a significant hurdle for Americans in the years leading up to the COVID-19 pandemic; back in 2018, a study by Northwestern Mutual found that.
In addition to rising prices at the grocery store and at big box retailers, Americans can expect to pay even more if they purchase goods and services with a credit card and carry a balance. Wall.
Your credit score often decides whether you qualify for a credit card or a loan, and it determines your interest rates. Credit scores range from 300 to 850, and lenders use this number to assess.
You want to buy an awesome gift off your childhood friend's wedding registry. And you want something equally great to wear to the wedding - but your big commission check won't be coming for a few.