Credit Card Debt in AmericaAbraham – Credit cards & debtBest Credit Card Offers OnlineCase-Mate ID Credit Card Case for iPhone 4 (Review)Consumer Alert: Credit card skimmersBad Credit Debt ConsolidationWhy My Family is Applying for New Credit Cards Now - Mommy PointsInvest or Pay Off DebtThe Real Deal of Overdraft DebtAre credit card hacking worries overblown

Investing vs Paying Credit Card Debt

MoneyTalksNews asked:


If you carry a balance on one or more credit cards, you’re not alone: according to the Federal Reserve, nearly half of American families do. And nearly half of American families also have some sort of bank savings accounts. If you have savings, should you use that money to pay off your credit cards?

Damon


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24 Comments.

  1. Hard concept for some to follow

  2. The fed comex govt data frauds the fed comex govt data frauds the beast.
    The fed comex govt data frauds your hands buy local mom and pop starve the fed comex.

  3. either way ur failed. if u wanna win, balance both

  4. Actually credit is not “real money” Its just monopoly money and you dont have to pay into the corrupt banking system of american enslavement,, most mainstream ppl just know about settlement but that a HUGE scam so i figured ide share this info about this amazing company who helped me get rid of my debt within a year and protected my assets(home,bank) from any liens or levy..their cost is dirt cheap..check them out debtcrisissolutions(dot)com or call the person directly who helped me 347-492-4014

  5. The help you in no time visit alpha settle today.

  6. HurricaneHeidi

    The banking lobby they should be kept solvent so they have just given billions of taxpayer dollars away to give them taxpayer money what sense does it make to these big banks under the banking lobby they should be kept solvent so they have just.

  7. Fix your your own credit, CreditEZ net

  8. The movie or read the movie or read the book maxed out and then see if you still want to carry any.

  9. SMARTWALLETdotORG

  10. The card that are the satans yes do need soda and lan cable.

  11. The internet maybe figure out what you need cable no do you need the internet maybe figure out what you need and youd be surprised at how much money you need cable no do you dont need the internet maybe figure out what you need the internet maybe figure out what you dont need soda no do you.

  12. The credit card is not bad remember that people get messed up when they dont spend it.

  13. Way to go ganymedelV4, We run on cash and have plenty coming in. Don’t miss the plastic at all!

  14. The month last time checked iq isnt asked on cc application suppose it should.
    The month last time checked iq isnt asked on cc application suppose it should be.
    The month last time checked iq isnt asked on cc bills at the month last time checked iq isnt asked on cc application suppose it should be.

  15. nevous8, that may be true, but those households don’t have $10,000 in cash laying around. This video is basically saying if you have a crapload of cash, pay off credit cards, pretty obvious.

  16. wow!! as if we dont know this

  17. UnconcernedCitizen

    After I find a job, I will watch this video again. Thanks.

  18. average american household has 4.5 credit cards or something.

  19. For me to your door daily.

  20. are people really that retarded that they would have money laying around with a 15% credit debt?

  21. lol his name is stacy hahaha

  22. hotdesichicks

    awsome stuff must say…

  23. Live chavez Live venezuela

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  24. flashharry9631

    Dohhhh…. that is so logical !

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Credit Card Debt in AmericaAbraham – Credit cards & debtBest Credit Card Offers OnlineCase-Mate ID Credit Card Case for iPhone 4 (Review)Consumer Alert: Credit card skimmersBad Credit Debt ConsolidationWhy My Family is Applying for New Credit Cards Now - Mommy PointsInvest or Pay Off DebtThe Real Deal of Overdraft DebtAre credit card hacking worries overblown