1 in 3 consumers fear they will max out a credit card

1 in 3 consumers fear they will max out a credit card

Despite the dangers of high-interest debt, more consumers are testing the limits of plastic.

To that point, more than 1 in 3 Americans — or 91 million people— said they’re afraid they’ll max out their credit card when making a large purchase, according to a new WalletHub credit cards survey. (Most of those polled considered a large purchase as anything over $100.)

“A healthy amount of fear is…

View On WordPress