US CREDIT CARD DEBT CLIMBS TO $1.26TN, NEARING LAST YEAR’S RECORD HIGH

Mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed report Credit card debt in the United States is growing close to a record high, having crept up from $54bn to… That figure is just shy of last year’s record high of $1.28tn.

Money | The Guardian reports that mortgage and student loan balances saw ‘small decline’ with increases elsewhere, says post alongside Fed report Credit card debt in the United States is growing close to a record high, having crept up from $54bn to…

The report adds: That figure is just shy of last year’s record high of $1.28tn.

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