Consumer debt climbs as American credit card balances surpass $1 trillion

Credit card debt among Americans hits $1 trillion

"The average person's financial wiggle room in their budget is pretty tiny, even before those payments had to restart," Schulz said.

Credit card debt among Americans hits $1 trillion

(Pixabay) (MY FOX 8) – Credit card debt among Americans just reached a new record high of $1 trillion as a new report shows an uptick in people making emergency withdrawals from their retirement accounts. The new data comes from the Federal Reserve Bank of New York which said total U.S. credit card debt hit $1 trillion in the most recent quarter. Bankrate Analyst Ted Rossman says this shows a jump in Americans’ reliance on credit cards. Get the…

Americans Have Broken Their Own Record: We Now Have Over A TRILLION Dollars In Credit Card Debt As A Country

I put the "Things I Don't Understand" draft at the top because WSD drafted money. Money makes absolutely ZERO sense. It is, essentially, fake in my humble moronic opinion. If the government needs more...

US credit card debt now over $1 trillion. How to cut down your debt

The milestone comes as credit card interest rates exceed 20%.

Credit-card balances in US top $1 trillion for first time

Americans racked up more debt than ever on their credit cards over the past quarter, with total U.S. balances topping $1 trillion for the first time ever.

Credit-card balances in US top $1 trillion for first time

Americans racked up more debt than ever on their credit cards over the past quarter, with total U.S. balances topping $1 trillion for the first time ever.