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GOBankingRates
GOBankingRates
Jordan Rosenfeld

Experts Warn: Avoid Taking on New Credit in 2026 Under High Inflation

Inflation Interest Rates
DjelicS / Getty Images

In the current economic conditions, where inflation has kept prices high and interest rates are slow to budge, every dollar feels like it disappears faster. You’re not just paying more for groceries, gas and housing, you’re also paying more to borrow the money that covers them.

Find Out: Dave Ramsey Says This is the Best Way to Pay Off Debt

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