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International · 2 hrs ago
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Coloradans are getting squeezed by credit cards while trying to navigate high costs
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Colorado households are accumulating high credit card debt (ranking 12th nationally at over $7,000 average) as wages fail to keep pace with rising costs, forcing families to rely on high-interest cards for essential expenses.
Coloradans are getting squeezed by credit cards while trying to navigate high costs
Colorado ranks 12th in the nation for the highest average credit card debt with more than $7,000. Oscar Wong/Getty Images
Colorado’s breathtaking landscapes are increasingly overshadowed by breathtaking bills. Despite a high-growth economy, many households face a concerning paradox. Expenses are rising, but wages have not kept pace. To fill the gap, many families now rely on high-interest credit cards.
Credit cards were once for extra purchases. Now, for some people, they are a vital safety ne
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