7 Credit Card Debt Mistakes to Avoid – Brandon Ballenger

Frustrated woman with credit card on laptop
Photo by fizkes / Shutterstock.com

This story originally appeared on The Penny Hoarder. There’s really only one way to get out of credit card debt: by paying off the balance. But there are plenty of pitfalls along the way to make the payoff more costly than it needs to be. If you’re among the consumers who paid off $108 billion in credit card debt in 2020, good on you! However, that still leaves $820 billion left to go, so it’s in…

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