Why You Should Pay Off Your Credit Card ASAP Amid rising financial pressures due to inflation, increased interest rates, and the cessation of pandemic relief efforts, American credit card debt has hit a record $1.13 trillion in late 2023. The New York Federal Reserve reports a 1.2% increase in overall household debt, with credit card delinquencies rising significantly. This situation underscores the importance of prioritizing debt repayment to mitigate the impact of these economic challenges. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Investors Flock to Safe Havens After Trump Assassination Attempt READ MORE Biden's Exit Sparks Gold Price Fluctuations as Traders Weigh Implications READ MORE Economist Warns of Imminent Recession as 19 States Show Rising Unemployment READ MORE Rich Retirees' Spending Could Keep Fed Rate Cuts at Bay READ MORE Gold's STEALTH Institutional Rally…What Happens When the Public Arrives? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment