Couple aims to escape paycheck cycle with $40K debt

Milwaukee couple Mariza and Geffrey Gordon, burdened by nearly $40,000 in credit card debt primarily from their wedding, participated in CNN’s Savings Challenge to improve their financial situation. With limited income and credit challenges, they focused on debt repayment and financial planning, including exploring options for lower interest loans and balance transfers. Their goal is to improve their credit scores to access better debt relief options while building long-term wealth through savings and investments.

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