24% of Americans with a credit record are behind on their debts
More U.S. households are falling into debt as they grapple with medical bills, student loans and other expenses, data show.
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More U.S. households are falling into debt as they grapple with medical bills, student loans and other expenses, data show.
The Fed has slashed borrowing costs for the first time in more than four years. Here's how that would impact people with credit card balances.
Consumers tacked on an additional $27 billion in credit card spending in the second quarter, the Federal Reserve Bank of New York said.
In the latest inflation report, CBS News Business Analyst Jill Schlesinger discusses the “financial diet” in American loan debt while percentages see an all-time high. For more analysis, go to www.jillonmoney.com. (05-15-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
