Americans are carrying a record amount of credit card debt
Credit card debt is up 17 percent in the past year
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Credit card debt is up 17 percent in the past year
Inflation is causing many people to lean on credit cards to cover monthly expenses and most people are having to pay heavy interest on that debt.
Millennials with debt and dependents most likely to feel the financial crunch
About 36% of survey respondents said they have more credit card debt than emergency savings, up from 22% a year ago.
