5 Reasons Americans Have Cut Credit Card Debt in 2020

Image source: Getty Images.

While it doesn't influence our opinions of products, we do receive compensation from partners whose offers appear here. We're on your side, always. See our full advertiser disclosure here.

Many a study from The Ascent reveals surprises. What struck me while reading "Average American Household Debt in 2020: Facts and Figures" is one big question: why are we Americans tightening our belts by paying off credit card debt now?

Continue reading


Source Fool.com