Americans' credit card debt hits a record $1 trillion | CNN Business
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Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

  • ImFresh3x@sh.itjust.works
    5·
    11 months ago

    Seriously. I get free first class international tickets and a few hotel room nights paid every year with points and miles I get from credit cards, every year. And I use my credit cards for business expenses and get even more as a result.

    Why would I ever use a debit card? I like full reclining on the flight back from Europe.

    I would like to see some more meaningful metrics than offered in this headline.