56 million credit cardholders have been in debt for at least a year

Although Americans helped stave off a recession in 2023 by spending enough to propel economic growth, it has come at a cost: Nearly half of consumers say they are carrying credit card debt, according to a new survey from Bankrate. The personal finance firm found that 49% of credit card users carry…#bankrate #tedrossman

Source: Reuters: Health - January 8, 2024 Category: Consumer Health News Source Type: news