Today, Priority Plus Financial will discuss one of the most convenient (and yet, the most abused) financial systems currently used by almost all Americans. Ever since they were first invented back in the 1950s, the credit card system is well-favored by all because of its convenience, its safety, simplicity, and, most importantly, the ability to spend money that the user hasn’t earned yet. And with that line of thought, there is always a sure chance of abuse coming from users who have no idea how to manage credit card debt. Statistics show that before the coronavirus pandemic started, a huge majority of Americans were all scrambling towards the top of the credit card debt chain! As of November 2017, Americans have already overshot the staggering $1.02 trillion credit card debt recorded in May of 2008 alone. By February 2020, more US citizens are deep in credit card debt, with a whopping $98 billion added to the total debt amount. All in all, credit card...
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