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Posted: 2025-05-12 11:17:32 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-12 11:17:42 UTC
Verified By
Rollup News
US credit card debt reached a record $1.09 trillion in March, with balances increasing by $352 billion in the last three years. Rejection rates for credit cards are also at a 12-year high due to low creditworthiness.
Record high US credit card debt
Significant increase in card balances
High credit card rejection rates
Rising credit card debt
Low creditworthiness
High credit card rejection rates