The Double-Edged Sword of Credit Cards for Hispanic Families

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June 16, 2025 • 2 mins

A survey by Consolidated Credit highlights how credit cards are a source of both convenience and financial stress for Hispanic families, with many feeling negatively impacted by debt. Despite owning multiple cards and prioritizing debt elimination, lack of financial education contributes to over-indebtedness. Consolidated Credit offers free resources to help families manage their finances and overcome debt.

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.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}The Double-Edged Sword of Credit Cards for Hispanic Families