The inflation rate did go down last month, but we are still experiencing rising prices, more than we have dealt with for decades. So, these can be challenging times for those who use their credit cards.
Telling people not to use credit cards is unrealistic. Most in-store shopping is done with plastic because it is safer than carrying cash. Online purchases all require credit cards to close the sale. Regrettably, credit card interest rates are the only ones that will not go down. Those double-digit fees are creating large holes in the financial wellness of the average consumer. Continue reading