The Credit Card Crisis: American Consumer Debt(Presented By: Craig Ferrantino, CWS®, CFF®)

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While inflation continues to run rampant, Americans are buying on credit as much as ever. Total US revolving consumer credit recently hit $1.04 trillion, approaching an all-time high. At this event, we’ll discuss what that means for the American economy, as well as the details of buying on credit. You’ll learn about the “Buy Now Pay Later” business model, the mathematics of credit card debt, and the things to watch for when opening a credit card.

We will discuss:
– The recent spending spree
– Spending and economic confidence
– The dangers of consumer debt
– The effect of interest rates
– How to get the most out of your credit cards
– And more!

Have a topic you want to learn more about or feel would be a good fit for a future webinar? Email jenna@craigjamesfianncial.com.

Craig Ferrantino is a registered representative offering securities and advisory services through United Planners Financial Services member FINRA, SIPC. Craig James Financial Services and United Planners are not affiliated.

Material discussed is meant to provide general information and it is not to be construed as specific investment, tax or legal advice. Individual needs vary and require consideration of your unique objectives and financial situation.