Many are racking up credit card debt amid the coronavirus pandemic and widespread unemployment, but there are things you can do to rein in that debt and get help.
CHICAGO (WLS) — One recent study said the number of adults with credit card debt is up by 4 percent since March. So what can you do to manage rising credit card debt? There are calls you can make right now that will help you lower your bills and control your credit card debt.”My best advice is to contact your credit card company as soon as you start to have trouble,” said Ted Rossman, an industry analyst at CreditCards.com. He said credit card companies are often willing to help out reliable customers. You just have to ask.”That is the big thing, nothing ventured nothing gained,” he said. According to a recent report at Compare Cards,30 percent of credit card holders are using them more than ever since the beginning of the pandemic.
