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How to consolidate debt amid rising consumer prices | #shorts

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Inflation rates fell for the sixth consecutive month, but Americans are still feeling the pinch from higher than usual prices. Many have been forced to pull out their credit cards, even while interest rates on those cards are soaring.

The PBS NewsHour’s Geoff Benneett spoke with Washington Post personal finance columnist Michelle Singletary about how consumers should manage credit card debt.

“One of the things that credit card lenders told me is that people don’t call to get help,” Singletary said. “And they will help you.”

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Category
U.S. & Canada
Tags
debt, debt relief, inflation
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