US Credit Card Debt Soars to $1.18 Trillion β€” Are Americans Underestimating Their Debt? πŸ’³

American credit card debt has skyrocketed to $1.18 trillion, with many consumers downplaying their financial struggles. Find out what this means for your finances and how to stay on top of your debt.

US Credit Card Debt Soars to $1.18 Trillion β€” Are Americans Underestimating Their Debt? πŸ’³
Benzinga
244 views β€’ Jun 30, 2025
US Credit Card Debt Soars to $1.18 Trillion β€” Are Americans Underestimating Their Debt? πŸ’³

About this video

American credit card debt has surged to an astronomical $1.18 trillion, with a significant number of individuals reportedly concealing their financial predicaments. Nearly 40% of Americans saddled with credit card debt have been dishonest about their financial situation. The report, based on a survey conducted by LendingTree, discloses that individuals with higher income are more prone to hide their debt.

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Views

244

Duration

1:14

Published

Jun 30, 2025

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