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Credit card debt climbs to a record $1.29 trillion, New York Fed research finds

CNBC ·

As high prices continue to strain household budgets, many consumers have turned to credit cards to help make ends meet.

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  1. Yahoo FinanceUS credit card debt reaches a record $1.3 trillion as inflation rises
  2. CBS News24% of Americans with a credit record are behind on their debtsMore U.S. households are falling into debt as they grapple with medical bills, student loans and other expenses, data show.
  3. CNBCCredit card debt climbs to a record $1.29 trillion, New York Fed research findsAs high prices continue to strain household budgets, many consumers have turned to credit cards to help make ends meet.