Consumers Finally Crack: Shocking Drop In June Credit Card Debt Marks End Of Spending Binge
August 07, 2023 at 15:33 PM EDT
Two months ago when both revolving credit (i.e., credit card debt) and interest charged on credit cards hit a record high, we said that this trajectory was unsustainable and it was only a matter of time before the debt-funded US consumer hit a brick wall. One month later, the first brick wall was hit, when […] Source
