Consumer debt: Balances on credit cards set to hit near-record highs
At the end of 2019, Americans had racked up about $14 trillion in credit card debt. Let’s say that again with appropriate emphasis: FOURTEEN TRILLION DOLLARS! It’s an unfathomable figure, especially when you consider that the same tally was less than $1 trillion at the end of 2016. At the time, that single measly trillion …
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