Credit Cards & Car Loans

The average American carries a significant amount of credit card debt, often falling into the trap of high-interest rates that can soar up to 22.6% APR. Many believe they can manage their credit responsibly for rewards, but the reality is that most end up paying interest, enriching banks instead. Additionally, car loans are a heavy burden for many households, with average monthly payments that can drastically impact budgets, especially for those living paycheck to paycheck.