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These days, using credit cards is a common way to finance and pay for purchases. And, that is likely a big contributor to why the average American currently has 3.9 credit cards in their wallet. But while credit card usage is common in the U.S., if you aren’t careful, allowing your credit card balances to grow can lead to serious financial struggles, especially considering today’s economic challenges, like persistent inflation.
If you’re dealing with compounding credit card debt, you may want to try and find a solution as quickly as possible. But what can you do if you have too much credit card debt and can’t afford to make your minimum payments?
In some cases, a debt relief option like credit card debt forgiveness may be worth considering to get rid of your high-interest debt. But who qualifies for forgiveness?
Get access to the credit card debt relief you need by considering debt consolidation or other debt relief programs.