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Economy

Paying Off Your Credit Card | Credit Card Debt is Lowest 16 Years

People are paying off their credit cards at a rapid rate.

#CreditCards #Afterpay #HeiseSays

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Credit Card Debts are at the lowest level in 16 years and people are paying off their credit cards at a rapid rate. How are they paying them off so, what strategy would I recommend and is the debt just moving to Afterpay?

Are Credit Card Rewards Worth the Effort or is the opportunity cost of fees just too great?

References

Australian credit card debt hits lowest level in 16 years

https://www.news.com.au/finance/business/australian-credit-card-debt-hits-lowest-level-in-16-years/news-story/cec71f448f87697f20f192ef3a1ed190