Americans are hiding their credit card debt


One-third of Americans with credit card debt say no one else knows how much they owe, according to a new report. The nation’s credit card balance hovers around $1 trillion, and interest rates routinely top 20 percent. A typical American household now carries around $10,000 in card debt, by one recent WalletHub estimate. A rising share of cardholders carry a balance from one month to the next.

More Stories from the News Network

The New Mexico News Network is a service of the New Mexico Broadcasters Association. 

Latest News

Latest Releases