Americans have more than a trillion dollars in credit card debt, according to this video from credit reporting bureau Experian. If you’re one of the many people carrying credit card balances, you could be paying more for everything from auto loans to mortgages.
Watch this video to learn more about credit card debt in America, as well as tips for managing your balances. Keep in mind that low balances and on-time payments can save you significant money in interest in the long run.
At GCS Credit Union , in addition to our competitive rates for all of our accounts, including our Visa Rewards credit card, our credit union staff can help you make the right decisions about managing your money. Find out more about joining our credit union in O’Fallon by calling (618) 797-7993.