Consumers’ Total Outstanding Credit Card Debt Tops $1 Trillion

Consumers’ Total Outstanding Credit Card Debt Tops $1 Trillion

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Consumers have been racking up credit card debt in the time since pandemic-era relief programs ended. Total outstanding credit card debt topped $1 trillion at the end of 2022, the Consumer Financial Protection Bureau (CFPB) said in a Wednesday (Oct. 25) press release. During the same year, annual…

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