Credit Cards and COVID-19

Did you know we have a weekly video series over at Mullooly Asset Management? If you didn’t, now you do!

This week I hosted the Mullooly Asset Show for Ep. 192.  The topic of discussion? Managing credit cards during the COVID-19 crisis.

The basic rules of managing credit properly haven’t changed, but are instead amplified to a new level during this crisis.

If your job has been cut, or hours scaled back, and utilizing credit cards is the only temporary solution at your disposal – it’s not ideal, but don’t fret!

There are credit card companies reducing existing lines of credit for customers, and not companies not initiating new lines of credit at the moment.

There are also credit card companies offering relief and financial assistance to those in need during the crisis.

Find out more in this week’s video!

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