US Credit Card Debt Reaches $1.25 Trillion Amid Rising Delinquencies

U.S. credit card debt has surged to $1.25 trillion, with delinquencies hitting a 15-year high. Inflation and high interest rates are contributing to more Americans falling behind on payments.

12 Jun, 12:38 — 12 Jun, 12:38

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hindustan-timesMostly Factual60d ago

US credit card debt hits $1.25 trillion as more borrowers fall behind: Are Americans heading back 18 years?

U.S. credit card debt hit $1.25 trillion as delinquencies reached a 15-year high. Inflation and high interest rates are leaving more Americans behind.

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US Credit Card Debt Reaches $1.25 Trillion Amid Rising Delinquencies

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US credit card debt hits $1.25 trillion as more borrowers fall behind: Are Americans heading back 18 years?

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