Quoted: Financial capability specialist Peggy Olive breaks it down like this: half of all people who have a credit card balance pay it off entirely each month. Another quarter carry a balance a few months of the year, and the rest regularly owe money on their cards.”Definitely, there’s different ways that people handle that credit card debt,” said Olive, who works with the University of Wisconsin-Madison School of Human Ecology’s Center for Financial Security and UW-Extension.
Office of Strategic Communication