Check the background of this firm on

Credit card ‘should be a last resort as U.S. household debt hits record Q1 high: Financial advisor

American household debts have surpassed a record $17 trillion this year, with credit card balances totaling more than $900 billion. And this quarter marked the first time in more than 20 years that credit card debt did not decrease, signaling that fewer folks are paying down their balances. This is consumers are increasingly turning to credit cards to make ends meet. A report from TransUnion shows the average American’s card balance is up by 14% compared to the year prior.

Enter your name and email below to become financially smarter in four minutes or less!

2021 Fastest Four Logo