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.

BHG Financial reports that rising credit card APRs, now averaging 22%, act like a "wealth tax," redirecting funds that could otherwise save or invest.

This story was originally published by The Kansas City Star. Use the link below to read the full article at the source.

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