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2. Should I close my credit card if I have a high interest rate?

   www.aol.com/finance/close-credit-card-high...

   If you make a $30 minimum payment on your credit card every month, it will take 73 months (more than six years) to pay off your debt in full — and you’ll pay a whopping $1,175 in interest charges.

3. I’m a financial expert: Here are my 4 top tips for paying off ...

   www.aol.com/finance/how-to-pay-off-credit-card...

   Sources. Experian Study: Average U.S. Consumer Debt and Statistics, Experian.Accessed June 10, 2024. Commercial Bank Interest Rate on Credit Card Plans, Federal Reserve Bank of St. Louis.Accessed ...

4. Credit card interest rate forecast for 2025: Rates will only ...

   www.aol.com/finance/credit-card-interest-rate...

   Key credit card interest rate insights. Highest average credit card interest rate in 2024: 20.79 percent (Aug. 24, 2024) Lowest average credit card interest rate in 2024: 20.27 percent (Dec. 31, 2024)

5. Pay Off Your Credit Card Debt With These 11 Steps - AOL

   www.aol.com/finance/pay-off-credit-card-debt...

   A debt management program is better suited as an option for people with over $25,000 in credit card debt or bad credit. "Back in June[2020], the CFPB released its quarterly report on debt ...

6. Bankrate’s 2024 Credit Card Debt Report - AOL

   www.aol.com/finance/bankrate-2024-credit-card...

   Compared to last year, more Americans say they want to tackle their debt in 2024. When asked to choose whether paying down debt or building emergency savings is a higher priority for them, 25 ...

7. Should You Pay Off Your Credit Card Balance Every Month? - AOL

   www.aol.com/finance/pay-off-credit-card-balance...

   But when it comes to paying balances — the total amount of debt accumulated each month — there is one clear consensus among experts: Whatever your reason for using a credit card is, you should ...