You’re making payments but your balances barely move. Most of what you pay goes toward interest, not progress. Over time, this cycle drains your cash and delays your financial goals by decades.
Carrying balances leaves you exposed.
Even one unexpected change: job loss, divorce, emergency can tip things over. High-interest debt creates long-term financial instability and keeps your credit utilization and DTI working against you.
You’ve stayed current, but your FICO keeps slipping.
The system rewards the banks, not you. Even with on-time payments, your score can decline due to high utilization. That means paying more for everything from cars to mortgages while getting less.
