Credit-Card Debt To Hit $130 Billion By End Of Year?

by Categorized: Credit Cards Date:

How many times do I have to tell you not to roll up huge credit card bills?
Nah, let’s just skip the lecture. Here’s some hard evidence of American credit-card users gone wild: CardHub.com’s Q1 2013 Credit Card Debt Study shows U.S. consumers will accumulate almost $47 billion in new credit card debt this year. If that happens, credit card debt since 2011 would total almost $130 billion by the end of the year.

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