Total US credit card debt having just hit a record $1.1 trillion, up $363B since 2021. That's $7.3B a month. Buy Now, Pay Later schemes, projected at $117B this year, aren’t even counted.

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml · 8 days ago

Total US credit card debt having just hit a record $1.1 trillion, up $363B since 2021. That's $7.3B a month. Buy Now, Pay Later schemes, projected at $117B this year, aren’t even counted.

Imnecomrade [none/use name]@hexbear.net · edit-2 7 days ago

I use credit cards to take advantage of banks by getting free cashback money while I pay them off each month so I don’t get interest. I don’t get a lot of stuff I don’t need; I use the credit cards to help me save money for all of my regular purchases like groceries or gas. If it ever gets to the point I can’t pay for the card by the end of the month, I’m cutting it up. I earn around $10-30 back each month.

Total US credit card debt having just hit a record $1.1 trillion, up $363B since 2021. That's $7.3B a month. Buy Now, Pay Later schemes, projected at $117B this year, aren’t even counted.

Total US credit card debt having just hit a record $1.1 trillion, up $363B since 2021. That's $7.3B a month. Buy Now, Pay Later schemes, projected at $117B this year, aren’t even counted.

Consumer Loans: Credit Cards and Other Revolving Plans, All Commercial Banks