Americans' credit card debt hits a record $1 trillion | CNN Business
www.cnn.com
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
    5•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.