Americans Owe A Combined $1 Trillion in Credit Card Debt

2023-05-30 1,191

Credit card debt is something many Americans have, and when you add it all up, they owe a combined 1 trillion dollars. According to The Hill the average American household owes $10,000 in credit debt. And that debt is costing more, with the average interest rate hitting 20.9% on credit cards. Veuer’s Keri Lumm has more.