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Americans Are Carrying Record Household Debt into 2024

Collection Industry News

household debt grew by $800 million from 2022 to 2023, including a 16.6% growth in credit card debt. While the new year marks a time for new beginnings and a fresh start, millions of Americans entered 2024 with more debt and less to put in their checking and savings accounts. At the start of the year, U.S.

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How to Get Out of Debt: 13 Expert-Backed Steps for Success

Credit Corp

For instance, if you’re a compulsive shopper, delete retail apps and turn off push notifications for sales. For instance, work on getting rid of your high-interest credit card debt before moving on to your federal student loans. Calculate Your Credit Card Payoff. Apply for a 0% Balance Transfer Card.

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5 Simple Cuts to Curb Your Spending

Debt Guru

That barrage of messages from your favorite retailers, letting you know about their current promotions or latest gear makes it all too easy to click through and make a purchase on an item you didn’t know you needed. The post 5 Simple Cuts to Curb Your Spending appeared first on DebtGuru Credit Counseling and Debt Management Services.