Podknife - Credit Card Debt In U.S Tops $1 Trillion by Reset with Sasha-Ann Simons

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Credit Card Debt In U.S Tops $1 Trillion

Podcast |: Reset with Sasha-Ann Simons
Publisher |: WBEZ
Media Type |: audio
Podknife tags |: Arts,; Business,; Call-In,; Chicago,; Interview,; News & Politics,; On The Radio,; Society & Culture
Categories Via RSS
Publication Date |: Aug 10, 2023
Episode Duration |: 00:14:16

Since the start of the pandemic, people have opened more than 70 million new credit card accounts. In addition to the quantity of cards, interest rates have also been rising, reaching 22.2% in May. Reset talks to Michelle Singletary, personal finance columnist with the Washington post, to learn what this means for the average consumer and best practices for navigating and paying credit card debt.

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