Retail News

Americans take on more credit card debt

CNN 08/17/2022

Americans are turning to credit cards to pay for purchases as inflation pushes the cost of goods higher. Interest rates are so high on cards that consumers with $5,000 in debt could pay as much as $1,000 in interest in a single year.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!