Americans Owe a Record $1.29 Trillion on Credit Cards. Who Pays When the Fed Hikes?

First reported by CNBC at Tue 11:16 AM · 3 outlets in all

1. Yahoo Finance22hAmericans Owe a Record $1.29 Trillion on Credit Cards. Who Pays When the Fed Hikes?
2. CBS News30h24% 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. CNBC32hCredit 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.