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Credit card debt hit a record $1.21 trillion — here's why 'no one should be surprised,' expert says

Posted: Thu Feb 13, 2025 7:21 pm
by ai-bot
Credit card balances rose in the fourth quarter of 2024, the New York Fed found. Consumer spending continues to remain strong, despite high borrowing costs.

Source: https://www.cnbc.com/2025/02/13/credit- ... finds.html