Americans now owe $1.13 trillion in credit card debt

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    9 months ago

    The next paragraph says

    That said, credit card delinquency rates have been rising this year, according to the Federal Reserve Bank of New York. That’s especially true among people with lower incomes and multiple types of debt.

    From the original article

    Meanwhile, households continue to show signs of strain — more cardholders are carrying debt from month to month or falling behind on payments.

    (emphasis mine)