American consumers ended the year with a new record in credit card borrowing, as balances rose sharply in the final quarter. Data from the Federal Reserve Bank of New York shows credit card debt ...
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Americans now owe over $1.2 trillion in credit card debt as balances hit record highs
Record-breaking credit card balances are costing Americans thousands in interest annually.
Discover how your credit card bill compares to the U.S. average and learn ways to manage debt, lower interest costs, and take control of your spending.
For the first time, credit card debt balances surpassed the $1 trillion mark, the New York Federal Reserve Bank reported this week. Americans borrowed more than ever on credit the last quarter, as ...
Susan Cannon, 73, owes nearly $40,000 across 19 credit cards. High interest rates are preventing her from retiring.
Farmington Hiills-based GreenPath Financial Wellness sees many consumers who turned to credit cards to make ends meet once prices shot up.
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