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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
Anyone know how they calculate it? Average of all credit card holders? All US households? Average of all those behind on payments?

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