3 Ways To Avoid Incredibly High Credit Card Fees That Work For Everyone

If you’re a bank that issues credit cards, you have to be jumping for joy. It’s been a record year for profits as interest rates continue to rise. Not so much if you’re the one getting slammed by those fees.

Last year alone, according to the Consumer Financial Protection Bureau (CFPB), “credit card companies charged consumers more than $105 billion in interest and more than $25 billion in fees. Total outstanding credit card debt eclipsed $1 trillion for the first time since the CFPB began collecting this data.”