Credit Card Debt Soars To More Than $1 Trillion For The First Time In History

Credit Card Debt Soars To More Than $1 Trillion For The First Time In History

Essence Magazine:

By Jasmine Browley ·Updated August 14, 2023

Credit card debt has reached an all-time high.

The Federal Reserve Bank of New York released new data showing that credit card debt currently sits at $1.03 trillion. This is up 4.6% from $986 billion in the first

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