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News@lemmy.world · 2 years ago

Americans’ debt levels — and delinquencies — are on the rise, credit card balances reach a $1.08 trillion record

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Americans’ debt levels — and delinquencies — are on the rise, credit card balances reach a $1.08 trillion record

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News@lemmy.world · 2 years ago

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Americans’ debt levels — and delinquencies — are on the rise | CNN Business

The resilient consumer has kept the US economic engine running, but it’s coming at a big cost: More Americans are falling behind on their credit cards.

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2 years ago
An absolute level is not helpful. That is expected with inflation. What % of gdp?

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