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News@lemmy.world · 1 year 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 · 1 year 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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1 year ago
Going as planned. They want customers that carry balances, pay late fees, pay overdraft fees, etc.
- QuarterSwede@lemmy.world
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  I put a lot on parents for not teaching their kids. My kids are going to be prepared and it isn’t because of the school system.

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