What is Credit Card Stacking? episode artwork

EPISODE · Aug 11, 2021 · 6 MIN

What is Credit Card Stacking?

from Credit Coaching by Kristi · host Kristi Nowrouzi

If someone or a company suggests you use a strategy called credit card stacking to leverage available credit to buy something large- think twice! Better yet, think twice more- it is usually NOT a good idea and I have experienced the "offer" of this before and so grateful I didn't do it. But I know of people who have and get absolutely buried in debt and feel like they are stuck because most of their payment is now going to interest and not paying down that balance. It could be a trap and will catch you and pull you down. Be careful if using this method of borrowing to purchase is something you are considering.

Episode metadata supplied by the publisher feed · Published Aug 11, 2021

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What is Credit Card Stacking?

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