As interest rates climb, your credit card debt becomes a silent wealth tax
BHG Financial reports that rising credit card APRs, now averaging 22%, act like a “wealth tax,” redirecting funds that could otherwise save or invest.
Summary by The Waco Editorial Desk · Byline on the source page: Ed Durant for BHG Financial, as published by Waco Tribune-Herald · · 1 min read
BHG Financial reports that rising credit card APRs, now averaging 22%, act like a “wealth tax,” redirecting funds that could otherwise save or invest.

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