Credit Card Debt is Killing Me: Strategies for Getting out of Debt
posted Saturday, January 14, 2023
Have you ever thought “Credit card debt is killing me”? Canadians currently struggle with record amounts of indebtedness, with $2,121 of outstanding credit card balances for each Canadian. With the average interest rate of 19.99%, making the smallest payment on this amount would take over 17 years to pay off and cost $3,765 in interest! […]