Americans Owe $1.26 Trillion on Credit Cards. New Report Sees a Development In The 'K-Shaped' Economy

Source: International Business Times

Credit card balances increased by $21 billion during the quarter, or 1. 7%, according to the Federal Reserve Bank of New York's latest Quarterly Report on Household Debt and Credit released Tuesday. Photo by DΛVΞ GΛRCIΛ/Pexels Credit card debt in the United States climbed to $1.