This guy has 45 credit cards. Here’s what you can learn from his strategy. Dave Grossman carries a ‘Costanza wallet,’ and he says he’s reaped rewards aplenty as a result ...

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It can be tempting to pay the minimum amount due on your credit card bill, but it can be expensive in the long run.

If the economy heads into a recession, consumers who signed up to get blockbuster points deals might find credit card companies changing their perks.

Retail cards hit a record high average interest rate of 30.5% last year, according to a Bankrate survey, and rates have stayed close to those levels this year.

Making only the minimum payment on your credit card can be tempting, but it can cost more in interest and extend the amount of time you have to repay your debt.

The rise in debt after the pandemic has caused many Americans to take on additional jobs and use budget apps amid high inflation, the new survey revealed.

A Reddit user lost his job, and he is now paying only the minimum due on his credit cards. Card companies have been lowering his credit limit, which has caused his credit score to drop by 120 points.

If you're only making the minimum payments on your credit card debt, it's time to find a better debt strategy.