The Great Recession is not allowing the Americans to payout their credit card debts

CC DEBT

In the current COVID-19 scenario, US among other nations of the world is also facing the worst recession of the history. More than 80% of the population keeping credit cards don’t feel themselves financially strong enough to pay at least the minimum of the payment of their credit card debts. The estimation has come in the result of a survey conducted by Creditcards.com, it was also concluded that millennial card holders which are 91% of the total are lying at the higher risk patch of missing payments. While 25% people…

Read More