This Week In Credit Card News: Inflation Causing 1 In 3 Consumers To Max Out Credit Cards
By 1 in 3 Americans Maxing Out Credit Cards Because of InflationThe increase in credit card debt signals that many Americans are struggling to pay for basic needs. Roughly 45% of Americans said that inflation and rising prices are why they’ve relied so heavily on credit cards, the Debt.com survey said. Nearly 9% of all…