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Credit card balances hit record high amid inflation: TransUnion

Por: Fox Business Business December 12, 2022

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Credit card balances hit a record high in the third quarter of 2022 as Americans battle with inflation, according to TransUnion. (iStock) Americans have turned to credit cards to ease the pressure of , bringing balances to a record level, by TransUnion.  Bankcard balances climbed to a record $866 billion in the third quarter of 2022, up 19% from last year, according to the report.But as many Americans utilize this financial option, they could... + full article



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