Stop the stress cycle of maxed out credit cards

Almost 2 in 5 credit cardholders have maxed out a credit card or come close since the Fed started raising interest rates in March 2022, according to Bankrate’s 2024 Credit Utilization Survey. Why is this happening and what's the effect on the nation's consumers? Bankrate Credit Cards Analyst Ana Staples joins the show to explain how credit card debt affects us and what to do about it.