A new study showing that Americans lost nearly 40 percent of their wealth in the Great Recession turned up another notable result: credit card debt also fell sharply — the median family's balance tumbled 16 percent. But it's not just because people rushed to pay off their plastic.

BING NEWS:
  • US credit card debt just hit a new record of $1.17 trillion — how can Americans dig their way out of this hole?
    It’s no surprise that Americans often rely heavily on credit cards to make ends meet. And with a recent period of rampant inflation, it’s equally unsurprising that credit card balances are on the rise ...
    01/21/2025 - 12:02 am | View Link
  • These 6 Americans ended 2023 with credit card debt. Here's how they fared in 2024.
    USA TODAY reached out to Americans who were struggling with credit card debt. Here's how they're doing at the end of 2024.
    12/23/2024 - 8:12 pm | View Link
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