Revolving credit balances grew by 11.4% in May, Fed finds: How to pay off your credit cards

Revolving credit debt increased 11.4% in May, according to the Fed’s latest report. Credit card borrowers with high balances and monthly bills could consider paying off debt with one of these methods. (iStock) The coronavirus pandemic kept many Americans quarantined at home throughout 2020, sheltered away from high-cost activities like […]