U.S. credit card debt has increased. Here's why.

U.S. credit card debt surpassed $1 trillion this week, according to new data from the Federal Reserve Bank of New York. Michelle Lambright Black, the founder of creditwriter.com, explained the factors contributing to the increase in credit card debt among Americans and provided tips on how to pay down the balances.

#news #creditcard #personalfinance

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• #news_politics
• #credit_card
• #credit_card_debt
• #federal_reserve
• #personal_finance
• #economy
• #us_economy