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News@lemmy.world · 4 months ago

Average credit card balances jump 10% to a record $6,360, and more consumers fall behind on payments

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Average credit card balances jump 10% to a record $6,360, and more consumers fall behind on payments

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News@lemmy.world · 4 months ago

Americans are increasingly leaning on credit to make ends meet, boosting balances and total debt to fresh highs.

Americans now owe $1.13 trillion in credit card debt

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doublejay1999@lemmy.world
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4 months ago
I feel that’s not the same thing as Joe Plumber under standing he pays a 30% charge on the balance of his credit card.

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