Average consumer now carries $6,329 in credit card debt. 'People are stretched,' expert says
Thu Aug 8 , 2024
Credit card debt is on the rise. Americans now owe a record $1.14 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. The average balance per consumer stands at $6,329, up 4.8% year over year, according to a separate quarterly credit industryinsights report from TransUnion. Credit card […]
![](https://freeamericanetwork.com/wp-content/uploads/2024/08/average-consumer-now-carries-6329-in-credit-card-debt-people-are-stretched-expert-says-1024x576.jpg)