Billions in Credit Card Debt Defaults Learn How to Get out of Credit Card Debt | Hack Your Finances

5 months ago
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Struggling with credit card debt? Discover effective strategies to pay off your debt quickly using the debt snowball and avalanche methods. Learn about the impact of rising credit card defaults on banks and consumers, and get practical tips to manage your finances. Join our show for in-depth discussions on preserving your wealth and achieving financial freedom. Subscribe now for more insights and tools to take control of your financial future.

Timestamps:
00:01 - Introduction: Want to Get Out of Credit Card Debt?
00:28 - Credit Card Debt Defaults by Major Banks
01:23 - Impact of Bank Losses on Credit Card Users
01:55 - Rising Delinquency Rates and Economic Concerns
03:00 - Consumer Debt Trends: Historical Overview
03:42 - Strategies to Get Out of Credit Card Debt
04:09 - Debt Snowball vs. Avalanche Method Explained
05:07 - How to Use Debt Calculators for Debt Repayment
06:24 - Closing Thoughts and Call to Action

Debt Avalanche Calculator : https://youtu.be/0DgpquUg43w
Debt Avalanche Explanation: https://youtu.be/nIp9vTeUC5w
Debt Snowball Calculator : https://youtu.be/Khizr69irro
Debt Snowball Explanation: https://youtu.be/OYoA_96z4kM

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Calculators: Credit Card, Mortgage and more:
➤ All Calculators : https://hackyourcreditcards.com/calcs

Playlists:
➤ CREDIT CARDS: Reviews, Rewards & Hacks: https://www.youtube.com/watch?v=YKKlGtIHNeM&list=PL_AxT2ZAuzX4w8wN_aIbU6QH3lu6L8cT2
➤ INVEST: Mastering Stocks, ETFs, Dividends & Crypto: https://www.youtube.com/watch?v=_DHQSRYiCuc&list=PL_AxT2ZAuzX7J4myMRTa2IoJ2YEnO90tq
➤ GET OUT OF DEBT - Guides to Conquering Your Debt: https://www.youtube.com/watch?v=g6w1Yg4C87w&list=PL_AxT2ZAuzX6rvsDYqSoTq_qM_EuDJvA7
➤ GET OUT OF DEBT - Six Video Course: https://www.youtube.com/watch?v=c8WNeE3kjf8&list=PL_AxT2ZAuzX5_v01x5UIWx7w7Fb_nIno0
➤ GET OUT OF DEBT - Velocity Banking: https://www.youtube.com/watch?v=Br9x45l6fnM&list=PL_AxT2ZAuzX6C-tUak7BkvrR0-lMq3D2O

Brokerages (Stocks)
➤ Interactive Brokers : https://hackyourcreditcards.com/ibkr
➤ Fidelity : https://hackyourcreditcards.com/fidelity

Gold & Silver
➤ Vaulted : https://hackyourcreditcards.com/vaulted

IRAs for Crypto
➤ iTrustCapital : https://hackyourcreditcards.com/itrustcapital
➤ Bitcoin IRA : https://hackyourcreditcards.com/bitcoinira
➤ BitIRA : https://hackyourcreditcards.com/bitira

Crypto Purchasing
➤ Coinbase : https://hackyourcreditcards.com/coinbase
➤ Crypto.com : https://hackyourcreditcards.com/crcom
➤ BitUnix (has most coins) : https://hackyourcreditcards.com/bitunix

Stock & Crypto Charting
➤ Trading View : https://hackyourcreditcards.com/tradingview

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DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. Always do your own research. This video content is intended only for informational, educational, and entertainment purposes. Brian Longest is not a registered financial advisor. Your use of his YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTub and E-Mail) for communications with Brian does not establish a formal business relationship.

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