​Kamunism Strikes Again: Increasing Numbers Of Americans Getting Trapped In Credit-Card Debt – Tyler Durden

Kamunism Strikes Again: Increasing Numbers Of Americans Getting Trapped In Credit-Card Debt Authored by Kevin Stocklin via The Epoch Times, Rising prices and higher interest rates are trapping many Americans in expensive credit card debt, a new report states.  According to a survey released Thursday by Bankrate, a financial analytics firm, 37 percent of American credit card holders have maxed out or nearly maxed out on their card limits since the Federal Reserve began raising interest rates in March 2022.  “That’s probably higher than you would expect to see in an economy that has low and stable inflation,” Bankrate analyst…  — Continue at ZeroHedge News : Read More