2018 is in full swing, and while 2017 may be a thing of the past, your credit card debt is still with you. According to Magnify Money, approximately 125 million Americans hold credit card debt, totaling over $527 billion. With interest rates on the rise, leaving your credit card debt unpaid will become even more costly. Ford recommends you look at your most recent credit card statement and go line by line: “There are fixed monthly costs we forget about. Next, call your credit card companies and ask if they will waive any late payments or reduce your interest rate.

Source: Forbes January 22, 2018 16:30 UTC