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Should you repay credit card debt before investing?

by Dr. Gaurav Sinha , Mr. Vinay Kohli  ·  Unit 24 of 100
High-interest credit card debt often grows quickly if unpaid. In many situations, clearing outstanding credit card balances before making new investments can reduce financial costs and improve overall financial stability. Once expensive debt has been managed, individuals may be in a stronger position to focus on long-term investment goals.