More Americans are going bankrupt. What does that mean?

In this March 5, 2012 file photo, consumer credit cards are posed in North Andover, Mass.

The bankruptcy rate has risen about 48% between 2022 and 2025, although it’s still below pre-pandemic levels.

(Image credit: Elise Amendola)

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Source: NPR.

Written by

Stephan Bisaha

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