SGL Live on WGN 9 News – Credit Card Debt

Credit card debt has hit a record high, with more people rolling their debt from month-to-month instead of paying it in full. SGL Financial President Steve Lewit was asked to appear live on WGN with Ben Bradley and Lourdes Duarte to discuss tackling some of that debt.

Here’s what was covered Live on WGN 9 News:

  • With the holidays coming up, people will probably be adding even more to their credit cards. How are they preparing for that?
  • The same amount of debt is costing more these days, why is that?
  • What is the problem with looking at holiday shopping as just a “one time” thing?
  • If you have a lot of credit card debt, how do you begin tackling it?