U.S. consumer credit card debt hits $1.07 trillion, growth slows but debt still rises steadily.

Sharing is Caring!

Consumer Credit Card Debt Continues to Grow

Consumer credit card debt in the US continues its upward trajectory, reaching a staggering $1.07 trillion as of August 14, 2024.

This marks another milestone in the ongoing trend of rising consumer debt, though there are signs that… pic.twitter.com/Il5SBi52Zl

— Reef Insights (@ReefInsights) August 27, 2024

See also Joe Biden added $1 trillion to the national debt in just 118 days

See also Stock prices surge despite modest earnings growth, US consumer confidence drops to 104.7 in December, largest decline in 3 years.