Credit card rates are going up. What you should know. (#130)

Financial Advisors Say The Darndest Things by A.B. Ridgeway

Episode notes

In this episode of "Financial Advisors Say The Darndest Things," AB Ridgeway, also known as Mr. Christian Finance, delves into the impact of rising credit card rates on Americans. Ridgeway discusses the dangers of excessive credit card usage and how increased interest rates can exacerbate debt repayment challenges. Drawing from personal experience and financial expertise, he offers insights into managing credit card debt responsibly and aligning financial practices with Christian principles.

Key Takeaways:

  1. Credit Card Dangers: Ridgeway highlights the allure of credit card rewards and cashback programs, cautioning against the pitfalls of heavy credit card usage. He emphasizes the importance of recognizing the true cost of credit card debt, especially with rising interest rates, to avoid financial ... 
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Keywords
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