Americans' credit card debt hits a record $1 trillion | CNN Business
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Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

  • SheeEttin@lemmy.world
    4·
    11 months ago

    Thing is, by the time you have to know, you’ll need to have a history of good credit.

    I have one credit card. It’s fully paid off every month automatically, because I spend less than I make.