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Home » Store » Taxable » Many Americans Carrying High Credit Card Balances

Many Americans Carrying High Credit Card Balances

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A large number of consumers are making close to the minimum payment on their credit cards, or skipping payments all together, a new survey shows. The poll of 1,000 adults nationwide commissioned by the Cambridge Credit Index found that 40 percent of respondents who carry balances on their credit cards plan to make slightly more than the minimum payment this month. Another 37 percent of respondents said they
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