Americans’ credit card debt hits a record $1 trillion - eviltoast

Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

  • electrogamerman@lemmy.world
    link
    fedilink
    arrow-up
    2
    ·
    1 year ago

    I would say depends on how often you are taking $3k for vacation and how long it takes to pay it back. If you are taking vacation more often than you can pay back, then that’s reckless.