Weatherhead's Mary Sasmaz discusses credit cards and payment priorities

Having trouble paying bills? Here's where your credit card should rank in priority

U.S. News & World Report: Mary Sasmaz, assistant professor at Weatherhead School of Management, said financially strapped consumers often prioritize housing and car payments over credit cards because missing those bills risks losing a home or vehicle. She also noted that credit cards rank lower in payment priority, though missed payments can still damage credit scores and increase long-term debt costs.