The Looming Credit Card Debt Crisis

Credit card debt continues to grow and is very close to all time high levels with no signs of slowing down anytime soon. Americans on average have over $7,000 each in credit card debt in 2023. There are multiple contributing factors to why these levels continue to rise. A huge issue is that interest rates continue to climb so the debt is becoming even harder for individuals to pay off. In this video, I breakdown the details of the looming credit card debt crisis and share some ideas on how to get your own personal credit card debt under control.

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The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

Mark Plymale is NOT a financial advisor. All of the content on this channel is strictly for entertainment purposes.

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