US Credit Card Debt Continues To Rise As Housing And Other Costs Remain High For The Lowest US Earners
SC Daily Gazette-Americans are racking up credit card debt as they struggle to keep up with the cost of living, and experts say those who earn the least are the hardest hit. Total credit card balances rose 5.8% from a year ago, to $1.14 trillion, according to a recent New York Fed report. Equifax credit files through June show that credit card delinquency is still rising, but delinquency on consumer