Why you need to pay your credit card balance now and how to do it

With the Federal Reserve set to raise interest rates for the first time since 2018, keeping a balance on your cards will cost you more money. Here’s how to pay off that debt and save.

Inflation seems to be popping up everywhere, and now it can have an affect on your credit cards? CNET discusses in this article some reasons why you may want to pay your credit cards off as soon as possible.


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Source Article: https://www.cnet.com/personal-finance/credit-cards/why-you-need-to-pay-your-credit-card-balance-now-and-how-to-do-it/

This material is intended to provide general information and is believed to be reliable, but accuracy and completeness cannot be guaranteed. Gregory Ricks & Associates is an independent financial services firm that utilizes a variety of investment and insurance products. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Gregory Ricks & Associates are not affiliated companies. 1212789 – 2/22