EPISODE · Jul 29, 2024 · 12 MIN
Credit Card Balances and APRs - New HIGHs
from Credit Coaching by Kristi · host Kristi Nowrouzi
Credit card balances are at the highest level in history. In fact, over $1.115 TRILLION is the current outstanding credit card balances for Americans! 1 in every 5 credit card holders are "maxed out" meaning they have greater than 90% of their limit as a balance. APRs are also the highest we've seen, ever! What is going on and what can we do about it? [email protected]
What this episode covers
Credit card balances are at the highest level in history. In fact, over $1.115 TRILLION is the current outstanding credit card balances for Americans! 1 in every 5 credit card holders are "maxed out" meaning they have greater than 90% of their limit as a balance. APRs are also the highest we've seen, ever! What is going on and what can we do about it? [email protected]
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Credit Card Balances and APRs - New HIGHs
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