Americans owe a record amount on their credit cards as inflation makes it harder to pay off balances. Linda and Dave Murray share an urgent plea to other families after losing their 13-year-old daughter Cassidy last March while vacationing in Aruba. https://abcn.ws/3EcYaWG SUBSCRIBE to the GMA YouTube page: https://bit.ly/2Zq0dU5 VISIT the GMA home page: https://www.goodmorningamerica.com SIGN UP for the daily newsletter from GMA Wake-Up: https://gma.abc/2Vzcd5j FOLLOW GMA: TikTok: https://tiktok.com/@gma Facebook: https://facebook.com/GoodMorningAmerica Twitter: https://twitter. com/gma Instagram: https://instagram.com/GoodMorningAmerica #creditcards #inflation #UShomeholds #gma
Original source (ABC/Youtube)
Abolish all debt
That's caused by Biden inflation.
I'm so opportuned irrespective of the economic crisis and financial conditions I am still able to earn $33,500 returns from my initial $6,500 every 10days
American banks have created this crisis.
Spend within your means. If you don't have a card to avoid debt, you're even dumber than the people in debt. I pay my balance off every month, and enjoy the cash back bonuses.
This was helpful. Didn't know you could call and ask them to lower your APR
This is way more dangerous to the country than the national debt.
Credit card debit along with the APR that normally comes with it will continue to bury Americans and make the idea of home owner ship that much further away, and if payments are not made on time your credit report will take a hit, just like if you did not pay your home loan or rent in over 28 months or did not pay your student loan for over 32 months by taking advantage of the federal Covid plans then your credit report will take a few more hits making home ownership just a dream. This issue will also widen the low income and wealth income gap a lot wider and I am sure minorities will be complaining they are being taken advantage of when in fact it is the low income people that are making the bad life choices and putting themselves in these situations. So keep all this in mind when your living day to day and making those life choices. Thanks and be kind to each other always
You can take "practical" steps to reduce your debt OR… You can walk over to the next millionaire you see on the street then punch him in the face so hard that he spits blood and teeth. This method is proven, in the grand scheme of things, to reduce debt greatly!
So happy and proud of myself, not one credit card debt. . Going into retirement, I took Susie Oremen advice. Start retirement with no cc debt. Thank you Susie.
Don’t borrow money. If you can’t afford something then don’t buy it. It’s a revolutionary idea I know 🤦🏾
I have four rotating credit cards. And I always remind myself and others to spend what you have and not on what you want.
Thank capitalism
People are using them to pay for groceries and gas. With zero regulations on price gouging, what do expect people to do?
Biden “Come on man, I don’t care”
The US debt has climbed to a records high looks like everyone is spending what they don't have lol
What a bunch of bullshit! People are underemployed and don't have the financial resources to buy regular goods. The banks should FORGIVE the DEBT.
Now this is news I can get behind
Well when people unfortunately spend money they don't have on things they don't necessarily need what do you expect. On top of that you have Corporations using price gouging and hiding behind inflation while they make record profits. And everyday people are bombarded with commercials and ads telling them to buy this new thing.
Welcome to the world people.
The freedom you feel paying off your credit cards is undescribable..get going!