Despite being in the age of technology, most credit card lenders and banks still use direct mail advertisements as their main way of propelling new account creations. Have you recently received a prequalification or preapproval letter in the mail? If so, then … [Read More..]
Since 2020, consumer debt has been rising faster than ever. Now, the average American owes about $96,371 to mortgage providers, credit card companies, and other lenders. As you’d expect, mortgages continue to remain one of the biggest contributors to overall debt in … [Read More..]
Recent research suggests that the average American adult has around 4 credit cards. Considering the tough economic times we’ve all been facing lately, it makes sense that a lot of Americans are now struggling to pay off credit card debt they owe … [Read More..]
A whopping 84% of American adults owned a credit card in 2021. With so many Americans taking advantage of credit, it’s little surprise that the average credit card debt in America is exceedingly high. When we look at average credit card debt … [Read More..]
The average American owes over $6,000 in credit card debt. Regardless of the overall total balance of your credit cards, if the amount you owe has exceeded your ability to pay, then you can get into a very tricky situation quickly. This … [Read More..]
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