Credit card debt soars to record high

Credit card debt soars to record high



Americans are spending. Unfortunately, much of that spending is being put on plastic. David Lazarus reports for the KTLA 5 Morning News at 11 a.m. on Feb. 3, 2023.

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View Comments (28)
  1. 1) Why doesn't the FED ever worry about Wage stagnation over the last 40 year trend.
    2) Price Gouging causes inflation, it is not inflation driving price gouging.

  2. Kohl? So mean Kohl is bottom stock of retail quality merchandises and services? I shopped at Kohl and have very pleasant experiences and can choose from variety of quality products there

  3. So everything is great, what a perfect economy.. then why are people having to charge up their credit cards?

  4. Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

  5. THE MARKETS STRUCTURE KEEP GOING DOWN, PERHAPS HUGE PROFITS IS BEEN MADE BY EXPERTS. HEARD THAT HOLDING AIN'T A SMART MOVE ON THE SHORT RUN. PLEASE ANY IDEA ON HOW TO MAKE BETTER PROFITS IN THE MARKET.

  6. These people are full of 💩 go into the real world people are hurting. The news is putting a spin on this so there president doesn’t look like an idiot. Get out and look people. Food is sky high along with everything else and there saying where doing great folks. 😢

  7. As soon as I got my refund I paid all my cards to 10% utilization. I plan on paying off everything,because I’m sick and tired of debt. I did a little retail Therapy for my kids but that’s it. I’m tired and being broke is so draining.

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