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☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 18 days ago

Total credit card debt having just hit a record $1.1 trillion, up $363B since 2021. That's $7.3B a month. Buy Now, Pay Later schemes, projected at $117B this year, aren’t even counted.

fred.stlouisfed.org

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Total credit card debt having just hit a record $1.1 trillion, up $363B since 2021. That's $7.3B a month. Buy Now, Pay Later schemes, projected at $117B this year, aren’t even counted.

fred.stlouisfed.org

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 18 days ago
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Consumer Loans: Credit Cards and Other Revolving Plans, All Commercial Banks
fred.stlouisfed.org
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Graph and download economic data for Consumer Loans: Credit Cards and Other Revolving Plans, All Commercial Banks (CCLACBW027SBOG) from 2000-06-28 to 2025-07-23 about revolving, credit cards, loans, consumer, banks, depository institutions, and USA.
  • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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    18 days ago

    Exactly, people are going into debt cause wages aren’t keeping up with inflation.

    • limer@lemmy.ml
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      18 days ago

      It seems to track the increases of the cost of living. A cost that cannot be paid so easily

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