Dubious milestone: American credit card debt nears $1T
Americans are drowning in credit card debt. According to a survey from CardHub, Americans repaid just $26.8 billion in credit during the first quarter of this year — the smallest first-quarter pay down since 2008.
Nance-Nash, Sheryl, "Dubious milestone: American credit card debt nears $1T" (2016). In the News. 1446.