According to a recent study byAs inflation continues to drive up the cost of living, more people are turning to credit cards to cope, but many consumers admit they don't know their interest rates and lack important credit card knowledge.
Contact your credit card issuer for help: Credit card holders can get in touch with their issuer and ask about lower interest rates, they can also ask about hardship programs if suffering a financial strain Don't forget to create a strategy for paying off debt: It's recommended to pay as much as you can off every month. Pay off the card with the highest interest rate first.
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