Spending Frenzy Continues
Posted on 12/27/2023
Credit card balances are surging in America as national accumulated balances hit US$ 1.08 trillion in Q3 and could be as high as US$ 1.13 trillion today following end of the year spending, Christmas shopping, tuition, and other expenses. A recent low in 2021 was only US$ 770 billion. Rates on the cards have also…
