Americans Now Have $1.21 Trillion of Credit Card Debt, the Highest on Record – 7 Ways to Make Sure You Don’t Take on Too Much

It’s a frightening reality about the state of American consumer debt that at the end of 2024, the Federal Reserve Bank of St. Louis indicated that Americans owe more than $1.21 trillion in credit card debt. This was up $45 billion from the third quarter of 2024 and was 7.3% higher than the same…