The majority of Americans who have maxed out their credit cards said they did it because of price increases from inflation, a recent survey from Debt.com said.
I’m not saying people aren’t struggling right now, but 33% seems wildly high. I’m willing to bet that there may be a bit of a sample bias involved here considering the survey is from Debt.com.
I’m not saying people aren’t struggling right now, but 33% seems wildly high. I’m willing to bet that there may be a bit of a sample bias involved here considering the survey is from Debt.com.
Plus it says maxing out credit cards. Not just credit card debt. I have a hard time too beliving it’s that many people.
It’s also coming from Fox News, a news outlet that would never exaggerate
Better source?
https://money.com/credit-card-debt-record/