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Business
Credit card debt rises to $1.26 trillion, nearing all-time record
U.S. credit card debt has climbed to $1.26 trillion, nearing an all-time record as consumers struggle with high interest rates and loan payments.
4 trends tracked about this subject — the full history, oldest to newest below.
U.S. credit card debt has climbed to $1.26 trillion, nearing an all-time record as consumers struggle with high interest rates and loan payments.
Homeowners are increasingly leveraging home equity to manage rising credit card debt, sparking a debate over financial stability and property risk.
Financial experts and major news outlets are detailing strategies for consumers to save money and manage high credit card balances simultaneously.
8 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.