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Americans rack up $19 billion in credit card debt in one month

Por: Newsweek Nation January 29, 2024

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Americans have amassed $19 billion in credit card debt in a single month, marking an even greater turn toward reliance on borrowing. With a population of 340 million, the figure translates to about $56 per person.That surge, primarily in revolving credit, came as retail sales data handily exceeded expectations. According to Wells Fargo's weekly economic and financial commentary, U.S. households may have propped up retail sales using... + full article



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