Not everyone carries a balance on their credit cards from month to month, but for those who do, the average balance per household is now $9,600. That’s about 17% of the average U.S. household income! Here are some strategies you can use to help pay off your credit cards.
If you are in a position to help a friend or family member recover from a financial road bump, great! Here are some guidelines that will help you handle the transaction with grace – including when and how to say “no.”