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America’s credit card debt hits a record $1.29 trillion: Who is falling behind?

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Americans now owe a record $1.29 trillion in credit card debt, according to the Federal Reserve Bank of New York’s latest household debt report, released Tuesday, Nov. 10. Card balances rose $22 billion from July through September and are up 4.2% from a year ago. Total household debt, including mortgages, auto loans and student loans, […]

The postAmerica’s credit card debt hits a record $1.29 trillion: Who is falling behind?appeared first onRolling Out.

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