this post was submitted on 30 Jul 2025

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United States | News & Politics

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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)

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[–] limer@lemmy.ml 1 points 1 month ago

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