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Americans are unaware of their credit-card debt
June 13, 2019

From U.S. News & World Report:

Consumers are largely unaware of their credit card debt and its impact, with 21% not knowing if they have debt and 30% unaware of how much credit card interest they pay each month, according to U.S. News & World Report, the global authority in rankings and consumer advice.

In its most recent survey, U.S. News found that of consumers who are in credit card debt, 24% owe more than $10,001. Most consumers carry a balance on one (37%) or two (27%) credit cards, with 12% of respondents carrying debt on five or more cards.

Continue reading at U.S. News & World Report...

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