sbynews

DelMarVa’s Premier Source for Conservative News, Opinion, Analysis, and Human Interest

Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349

The opinions expressed by columnists are their own and do not represent our advertisers

BIDEN ECONOMY: US Credit Card Debt Surpasses $1 Trillion for First Time in History

US credit card debt surpassed $1 Trillion for the first time in history as more and more Americans have to borrow to get by.

This is tragic.  

Americans are losing the battle against Biden inflation.

ABC News reported:

U.S. consumers’ total credit card debt exceeded $1 trillion for the first time, according to a new study by the personal finance website WalletHub.

Consumers took on an additional $92.2 billion in debt last year, the highest single-year amount since 2007. The average U.S. household owes $8,600 on credit cards, WalletHub found…

More

13 thoughts on “BIDEN ECONOMY: US Credit Card Debt Surpasses $1 Trillion for First Time in History”

    1. Credit card companies have been RAPING Americans !!!! They should ONLY be like an
      installment loan !!!! NO Compounding Interest (Revolving ) !!!! You are paying for Items you
      Never Purchased !!!! As they Keep Burring you in DEBT !!!! You have Nothing to show for !!!!

  1. Trillion in CC debt
    Trillion in student debt
    Banks closing
    short term car loans are now due
    mortgage loans are at 7%
    An ounce of goal almost made it to $2K last week
    Prez submits a 2024 budget with $6.9 TRILLION in spending.

    Thankful and grateful crabs/clams/mussels are in the Assaswoman bay AND a good 1/5 of bourbon (purchased in DE) is $40 or so bucks.

    Trillions??? thats HUGE!

  2. People in this country are WORKED TO DEATH !!!! The other countrys have it Better than we do & LAUGH !!!!!

Leave a Reply to Anonymous Cancel Reply

Your email address will not be published. Required fields are marked *