Credit card rates are high overall, but there are ways to cut the interest charges from the mix right now. Getty Images

Credit card debt has continued to soar across the nation, a clear indicator of how reliant Americans have become on their short-term borrowing options in this tough economic environment. The total amount of credit card debt nationwide is now sitting at a new record high of over $1.21 trillion , according to New York Fed data released this week. But high balances aren't the only issue at play. With the average credit card interest rate hovering near 22% , more cardholders are also struggling to stay on top of their payments as the interest charges pile up.

If you're allowing your credit card interest charges to compound , it can be extremely tough to get yo

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