Home Stock ‘People are stretched’: Average consumer now carries $6,329 in credit card debt

‘People are stretched’: Average consumer now carries $6,329 in credit card debt

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Yes, carrying large amounts of credit card debt can be a significant burden for many people. It can lead to stress, potential financial hardships, and have a negative impact on credit scores. If you or someone you know is dealing with such debt, I can provide some suggestions or steps to tackle this issue:

1. Budgeting: Create a comprehensive and realistic budget that helps to track spending and identify areas where you can cut back. Use this to put more money towards your debt.

2. Debt Rep

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