Credit card debt has hit a record high of $1.17 trillion. Yet, everyone you talk to claims they pay their credit cards off every month. If that’s true, how is the balance rising? Somebody is lying! The average interest rate on credit cards is 22.80 percent, while department store cards can soar as high as … Continued

The post The Carr Report: Top trending personal finance stories this week appeared first on New Pittsburgh Courier.