BREAKING: US households are drowning in MASSIVE debt. US credit card debt surged by $45 BILLION in Q4 2024 to a RECORD $1.2 trillion.

in #tribes3 days ago

BREAKING NEWS :

US households are drowning in MASSIVE debt.

US credit card debt surged by $45 BILLION in Q4 2024 to a RECORD $1.2 trillion.

Not good news ….

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The credit card debt would have been even higher as rejection rates hit 22%, a 12 years high. Average interest payment was 21.5%.