Debunking 3 common myths about credit card debt
Summary
An NPR segment debunks common myths about credit card debt and provides advice on managing it. Nearly half of the people surveyed by Bankrate say they carry a credit card balance each month.Key Facts
- A recent survey by Bankrate found that 46% of people keep a balance on their credit cards month to month.
- NPR's Life Kit section aims to clarify misunderstandings about credit card debt.
- The segment includes advice for handling credit card debt more effectively.
- Credit card debt is a common financial issue affecting many individuals.
- The information was shared on NPR's Morning Edition program.
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