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News@lemmy.world · 7 months ago

Average credit card balances jump 10% to a record $6,360, and more consumers fall behind on payments

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Average credit card balances jump 10% to a record $6,360, and more consumers fall behind on payments

return2ozma@lemmy.world to

News@lemmy.world · 7 months ago

Americans are increasingly leaning on credit to make ends meet, boosting balances and total debt to fresh highs.

Americans now owe $1.13 trillion in credit card debt

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7 months ago
Hmm. I can actually write checks against my credit card. I wonder if I’d get rewards for that or if it counts as a cash advance.

Edit: yeah it counts as a cash advance, lame.

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