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Posted: 2025-05-12 11:21:34 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 11:22:01 UTC
Verified By
Rollup News
US credit card debt has reached a record $1.09 trillion in March, with balances rising significantly in the past three years. Consumer confidence has also fallen to its lowest point since the 2020 crisis, signaling potential economic challenges.
Record high US credit card debt
Significant increase in card balances
Drop in consumer confidence
Potential recession signal
High credit card debt
Decreasing consumer confidence
Increased rejection rates for credit cards
Potential economic recession