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This Week In Credit Card News: More Consumers Turn To Buy Now, Pay Later; Signs The Economy Will Struggle

Por: Forbes Business December 23, 2022

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Out of Cash, Many Americans Add to Their Credit Card Debt During the Holidays Once flush with additional savings from the pandemic, many consumers have exhausted that excess cash due to ongoing inflationary pressures and are now turning to credit cards to fund their holiday spending. The average rate on a credit card is now 19.55%, according to the latest Bankrate data, the highest it's been. At the start of the year, the average rate on a... + full article



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