Credit card debt hits record high as Americans struggle with cost-of-living
Federal Reserve Bank of New York; Note: Not adjusted for inflation; Chart: Axios VisualsAmericans' credit card balances hit a record $1.29 trillion in the third quarter, according to a new report released by the Federal Reserve Bank of New York. Why it matters: Falling behind on credit card payments
<p>Federal Reserve Bank of New York; Note: Not adjusted for inflation; Chart: Axios VisualsAmericans' credit card balances hit a record $1.29 trillion in the third quarter, according to a new report released by the Federal Reserve Bank of New York. Why it matters: Falling behind on credit card payments</p>