As interest rates climb, your credit card debt becomes a silent wealth tax

Summary
BHG Financial reports that rising credit card APRs, now averaging 22%, act like a “wealth tax,” redirecting funds that could otherwise save or invest.
Description from Hamburg Sun.
Who is covering this
-
As interest rates climb, your credit card debt becomes a silent wealth tax
BHG Financial reports that rising credit card APRs, now averaging 22%, act like a “wealth tax,” redirecting funds that could otherwise save or invest.
Comments
Comments need JavaScript.