Digging Out Of Holiday Debt

Now that the post-holiday bills have started creeping in, many people are quaking in their boots at the thought of hefty bills eating away at their bank account.

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The pandemic has been a harsh reminder of how fleeting financial security can be, especially for younger generations.

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Let's look at how the pandemic has shaken things up for both Millennials and Gen Z.

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The Pandemic Drives Credit Card Debt

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New research shows that credit card debt did not hit the record highs experts in the U.S. originally predicted, this still didn’t stop most consumers from turning to credit cards.

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The Pandemics Lasting Impact

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As if being hit by a pandemic during some of your most formative years wasn’t enough, 70% of Gen Z respondents said the pandemic was the reason they took on more credit card debt compared to 46%  for Millennials.

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If you feel like your debt and interest rates have gotten out of hand, try calling your creditors to renegotiate your interest rates.

Need Help Digging Out

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