Watch VideoWith inflation at its highest levels in four decades, it comes as no surprise that Americans are tapped out of their savings and relying on credit cards.
According to a Bankrate survey, 36% of Americans started the year with more credit card debt than savings. Bankrate said 36% set a record since it began...
More Americans say they have more credit card debt than savings
Newsy
0 shares
1 views
You might like
Related news coverage
Navigating a Tough Economy with Gordon Oliver
Rumble
Today, The Two Mikes again spoke to Gordon Oliver from Cambridge Credit Counseling. Mr. Oliver, frank as always, said..
Advertisement
More coverage
27% of US Consumers Pulled Money From Savings to Manage Credit Card Debt
Upworthy
Rising prices continue to affect consumers’ purchasing power, making it more difficult for those in all income levels to live..
-
Africa’s Development And The Threat Of Geopolitical Changes – Analysis
Eurasia Review
-
The Younger You Are, The More Likely You’re Getting Over Your Head In Debt
Upworthy
-
Nearly half of Millennials, Gen Xers have more credit-card debt than savings
Upworthy
-
Fed will 'keep going until they break something': Anton Schutz
Upworthy