How to Get Out of Credit Card Debt Before It Ruins Your Life
Introduction Credit card debt can feel like a heavy anchor, dragging down your financial stability and peace of mind. With high interest rates and mounting balances, what starts as a manageable expense can quickly spiral into a life-altering burden. In the U.S., the average credit card balance per household is over $6,000, and many individuals struggle to break free from the cycle of minimum payments and accruing interest. But there’s hope. By taking proactive steps, you can get out of credit card debt and reclaim control of your finances before it derails your life. In this comprehensive guide, we’ll explore actionable strategies to pay off credit card debt, avoid common pitfalls, and build a brighter financial future. Why Credit Card Debt Is So Dangerous Credit card debt isn’t just about numbers—it’s about the emotional and financial toll it takes. High interest rates, often exceeding 20%, can make it nearly impossible to pay off balances if you’re only making minimum payments. Over ...
