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08/31/2026 · Hinds County

U.S. Credit Card Debt Exceeds One Trillion Dollars Amid Rising Interest Rates

U.S. Credit Card Debt Exceeds One Trillion Dollars Amid Rising Interest Rates

Americans' credit card debt has surpassed one trillion dollars, marking a 60% increase over the last five years. Higher interest rates are making repayment more difficult for many cardholders, contributing to a rise in payment delinquencies.

08/31/2026
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