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Late Stage Capitalism@lemmy.world · 1 month ago

Credit card debt rises to $1.26 trillion, nearing all-time record

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Credit card debt rises to $1.26 trillion, nearing all-time record

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Late Stage Capitalism@lemmy.world · 1 month ago

Americans' credit card debt reached $1.26 trillion, increasing by $21 billion in the second quarter of this year, according to new data.

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Americans spend money and let banks tell them the limits by getting into maximum debt.

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