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Americans’ credit-card balances just zoomed past prepandemic levels

Por: MarketWatch Business February 19, 2023

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The $986 billion in aggregate credit-card debt now surpasses the prepandemic high of $927 billion, the researchers said. The quarter-to-quarter increase is the largest jump they have seen for credit cards since the New York Fed started tracking the data more than two decades ago. Including debts like mortgages, credit cards, car loans and student loans, Americans added $394 billion to their debts during the fourth quarter. That brings their... + full article



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