Struggling with credit card debt after a layoff? These 5 strategies can help [CNBC]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: CNBC
If you feel like you've hit a financial rough patch lately due to job loss, you're definitely not alone. January saw record layoffs , up from January 2025. After a layoff, you may receive some severance pay and file for unemployment benefits. You may even consider a side hustle to generate extra income. Coming from someone who's been laid off three times in a row, you're going to be OK. After taking care of essentials like housing, food and bills, you can come up with a plan and start chipping away at your debt. Even small charges can add up quickly, so it helps to start taking control now. CNBC Select covers five strategies that can help you handle (and pay off) credit card debt after a layoff. 1. Contact your credit card issuer I have 40+ credit cards — some with balances, some paid off — and each of my three layoffs left me wondering how I'd deal with ongoing credit card debt First, if you know you need to carry a balance to make it through, take out all your cards and l
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News
- Wells Fargo & Company (WFC) had its price target lowered by The Goldman Sachs Group, Inc. from $109.00 to $93.00. They now have a "buy" rating on the stock.MarketBeat
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WFC
Earnings
- 1/14/26 - Miss
WFC
Sec Filings
- 3/20/26 - Form 424B2
- 3/20/26 - Form 424B2
- 3/20/26 - Form 424B2
- WFC's page on the SEC website