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Consumers Turn To 401(k)s To Pay Down Credit Cards: 'Life Is Expensive'
Monday, September 23, 2024 - 8:43am | 473Consumers are turning more frequently to their 401(k) accounts to pay down their credit cards as they face higher prices for essentials such as food, gas and electricity, according to a financial planner. Total credit-card debt in the U.S. reached $1.34 trillion as of June, Federal Reserve data...