Credit card debt hit a record $1.17 trillion. It’s a red flag for budgets. — Though incomes are up, Americans are putting more on plastic and stretching to pay on time, reinforcing the precarious nature of cash flow.

Credit card debt hit a record $1.17 trillion. It’s a red flag for budgets. — Though incomes are up, Americans are putting more on plastic and stretching to pay on time, reinforcing the precarious nature of cash flow.

https://www.washingtonpost.com/business/2024/11/15/credit-card-debt-new-record-trillion/

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