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Credit Card Debt hits record high
SFGbob
Member Posts: 33,183
in Tug Tavern
This is how people are dealing with Biden's great economy. Wait until the recession hits.
Credit card debt in the U.S. hits all-time high of $930 billion—here’s how to tackle yours with a balance transfer U.S. credit card debt hit a record $930 billion with younger Americans having the highest delinquency rate. Select breaks down some tips on how you can pay off credit card debt.
https://www.cnbc.com/select/us-credit-card-debt-hits-all-time-high/
Credit card debt in the U.S. hits all-time high of $930 billion—here’s how to tackle yours with a balance transfer U.S. credit card debt hit a record $930 billion with younger Americans having the highest delinquency rate. Select breaks down some tips on how you can pay off credit card debt.
https://www.cnbc.com/select/us-credit-card-debt-hits-all-time-high/
Comments
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That’s good. It means people are still buying things… which means the economy is doing well.
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Run it up. The government will pay it off for you eventually.
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The answer to pay off debts is to transfer the debt to another bearer of risk. Sounds like what the fed is doing.
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another ominous bubble waiting to burst
