I
Bloomington Current
Illini CurrentBloomington: Twin City hub, insurance-industry anchor

Advertisement · Why this ad?

Community

As interest rates climb, your credit card debt becomes a silent wealth tax

Greg Ramirez
Reporter · Monday, November 2, 2026 at 7:45 PM · 1 min read
As interest rates climb, your credit card debt becomes a silent wealth tax — Bloomington Community news

BHG Financial reports that rising credit card APRs, now averaging 22%, act like a “wealth tax,” redirecting funds that could otherwise save or invest.

Up nextSW Illinois massage parlor where woman died in fire tied to prostitutionCommunity · 1 min read
You're offline — showing the last loaded page