Cheques and Balances

Why Revolving Credit Will Ruin Your Life | Episode 357


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Revolving credit might feel like financial freedom - but for most people, it can be a fast track to long-term debt. In this episode, we unpack how revolving credit works, the pros and cons, why it can be a trap for poor budgeting habits, and smarter strategies to pay off your mortgage faster.

Next Steps: If your revolving credit is holding back your financial progress, talk to the Lighthouse Mortgages team about restructuring to a plan that actually works for you.


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The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

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