- cross-posted to:
- news
- cross-posted to:
- news
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.
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Why did your credit take a huge hit, due to non payment for X months?
That’s generally how it works.
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