This debt comes in many forms, but lots of residents have complained that they are having problems paying
down multiple credit card balances.
Not exact matches
Many Pennsylvania residents have been vocal about the problems they're facing with
multiple credit card balances that never seem to go
down, in addition to mortgages, student loans, auto loans, and more.
The result of this is that many residents are carrying debt on
multiple credit cards, and many people have complained that keeping up with their payments is preventing them from paying
down their
balances.
One of the results of this situation is that many Illinois residents are carrying a large amount of debt with
multiple different
credit cards and lenders, and they've complained that paying
down balances is getting harder and harder.
The debt is spread across
multiple sources, from
credit cards with
balances that don't seem to go
down to student and auto loans.
Carrying
multiple credit card accounts, especially ones with high
balance - to - available -
credit ratios, can drag
down your
credit score.
If you have large
balances across
multiple credit cards, consolidating those
balances onto a single
card with a lower interest rate and fees can make that debt easier to manage and pay
down.