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Research: The Best Strategy for Paying Off Credit Card Debt

Research: The Best Strategy for Paying Off Credit Card Debt

Harvard Business Review - Remi Trudel

Many Americans struggle to pay down their credit card debts, a challenge exacerbated by the holidays when credit-card spending balloons. The Federal Reserve estimates that nearly half of U.S. households are unable to pay their credit card bills in full each month. These households owe more than …

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