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Carl B Menger 10mo ago

BREAKING: US households are drowning in MASSIVE debt. US credit card debt surged by $45 BILLION in Q4 2024 to a RECORD $1.2 trillion.

The credit card debt would have been even higher as rejection rates hit 22%, a 12 years high. Average interest payment was 21.5%.

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Discussion

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Bruno Dias 10mo ago

Those bills incurred abroad are now going to add up and stack back home.

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Rajesh 10mo ago

This is only the people with houses..

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TheBitSmith 10mo ago

Households and houses are not the sames.