Americans are putting groceries and gas on credit, and the debt is piling up
With U.S. credit card debt at $1.26 trillion, millions of Americans are financing everyday essentials like groceries and gas through revolving credit and installment plans. When basic living costs outpace cash flow, routine household purcha
Republican Ledger staff · 9:07 AM ET
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With U.S. credit card debt at $1.26 trillion, millions of Americans are financing everyday essentials like groceries and gas through revolving credit and installment plans.
When basic living costs outpace cash flow, routine household purchases quickly convert into long-term, high-interest debt.
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