Tax Refunds Are Coming—Should You Take The Avalanche Or Snowball Approach To Paying Down Credit Card Debt?

By Jasmine Browley ·Updated February 29, 2024

 $1.129 trillion.

That’s the total amount of credit card debt Americans are buried in right now, and it’s on pace to get higher as the country continues to grapple with rising living costs. We all know how expensive credit card balances may be if you carry them over month-to-month, but paying them down can be harder said than done if you don’t employ a strategy

Kimberly Wilson
Author: Kimberly Wilson

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