The Cost of Servicing Credit Card Debt is Skyrocketing

٢١ فبراير ٢٠٢٣

Minimum payments rising removes money from consumption. While many points to the delinquency rate being low
my response to that is "it works great until it doesn't". By the time delinquency spike, it will be too late.
Credit cards are Americans' savings. A hiccup in the economy will cause pneumonia in my view.

٦ مايو ٢٠٢٣

ملاحظة

Credit card debt servicing continues to rise parabolically!
Pay off those credit cards!