When it comes to the dangers of high-interest credit card debt, Americans are savvier than ever. That hasn't stopped them from putting more on plastic than ever before.
The average American has a credit card balance of $6,375, up nearly 3 percent from last year, according to Experian's annual study on the state of credit and debt in America. Total credit card debt has reached its highest point ever, surpassing $1 trillion in 2017, according to a separate report by the Federal Reserve.
https://www.cnbc.com/2018/01/23/credit-card-debt-hits-record-high.html
The average American has a credit card balance of $6,375, up nearly 3 percent from last year, according to Experian's annual study on the state of credit and debt in America. Total credit card debt has reached its highest point ever, surpassing $1 trillion in 2017, according to a separate report by the Federal Reserve.
https://www.cnbc.com/2018/01/23/credit-card-debt-hits-record-high.html