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Fed rate pause offers little relief to Americans buried in credit card debt

Por: Fox Business Business November 07, 2023

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 Americans collectively owe more than $1 trillion in credit card debt.  (iStock) Even though the in September, and it may offer close to no relief to the average American dealing with credit card debt. In fact, in the second quarter of 2023, from the Federal Reserve Bank of New York. And the average American has more than $7,900 in credit card debt, by Annuity.org.In addition to that debt, interest rates remain high. The average APR on a... + full article



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