The 6-Year Itch: Do Americans Truly Spend That Long Paying Off One Credit Card Buy?

247wallst.com/personal-finance/2025/06/06/the-6-year-itch-do-americans-truly-spend-that-long-paying-off-one-credit-card-buy

Key Points




A Reddit user was disturbed by learning that the typical user of store cards could take years to repay a single purchase.



Repayment of credit card debt is going to be slow and expensive if you pay only the minimums.



Paying even a small amount extra each…

This story appeared on 247wallst.com, 2025-06-06 19:45:11.
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