72% of higher earners are in credit card debt for at least a year: What is the best way to attack your credit card debt?
As surprising as it sounds, high earners tend to carry debt longer. Here’s why.
6 min read
Sep 27, 2023
Erik J. Martin
Contributor, Personal Finance
EXPERTISE
- Personal finance
- Mortgages
- Housing market
- Home improvement
- Credit cards
EDUCATION
- Bachelor of Arts, Loyola University Chicago
- Dale Carnegie Training
Erik J. Martin is a contributor to Bankrate covering personal finance, including mortgages, the housing market, home improvement and credit cards. Based in the Chicago area, he is host of the “Cineversary” podcast and blogs on Cineversegroup.com and Martinspiration.com.
In addition to Bankrate, Martin has contributed to AARP The Magazine, Tte Chicago Tribune, Reader’s Digest, The Costco Connection and USAA, among other outlets.
Erik J.'s latest articles
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Early holiday shopping tips for budgeting and avoiding shipping delays
Holiday sales start earlier each year. Can shopping now get you the best bargains?
6 min read Sep 26, 2023 -
Virginia housing market: Everything you need to know
This scenic state boasts rising prices and strong demand, but inventory is low.
4 min read Sep 19, 2023 -
New York housing market: Everything you need to know
There’s much more to the New York housing market than just NYC.
5 min read Sep 11, 2023 -
How Gen Xers can conquer their credit card debt
Many Gen Xers are struggling with credit card debt. Here’s how they can get out.
6 min read Aug 25, 2023 -
Is 700 a good enough credit score to buy a house?
Most home loans have minimum credit score requirements.
6 min read Aug 14, 2023 -
Closing costs in Pennsylvania
Both buyers and sellers must pay their share of closing costs.
5 min read Jul 27, 2023 -
Debit or credit cards for kids: A guide for parents
Is your child ready for a kid’s credit card or kid’s debit card? Here’s how to know.
8 min read Jul 05, 2023