![design element of a women wearing sunglasses leaning on a railing overlooking the sea](https://www.bankrate.com/2023/09/27102556/Cards_High-earners-are-in-CC-debt-longer.jpg?auto=webp&fit=crop&width=230&height=150)
72% of higher earners are in credit card debt for at least a year: What is the best way to attack your credit card debt?
As surprising as it sounds, high earners tend to carry debt longer. Here’s why.
Erik J. Martin is a contributor to Bankrate covering personal finance, including mortgages, the housing market, home improvement and credit cards. Based in the Chicago area, he is host of the “Cineversary” podcast and blogs on Cineversegroup.com and Martinspiration.com.
In addition to Bankrate, Martin has contributed to AARP The Magazine, Tte Chicago Tribune, Reader’s Digest, The Costco Connection and USAA, among other outlets.
As surprising as it sounds, high earners tend to carry debt longer. Here’s why.
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