Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 8 months ago

Credit card balances spiked in the third quarter to a $1.08 trillion record. Here's how we got here

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Credit card balances spiked in the third quarter to a $1.08 trillion record. Here's how we got here

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 8 months ago

Strong consumer spending boosted credit card balances to a new record high in the third quarter, according to the Federal Reserve Bank of New York.

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8 months ago
I dunno. Do we expect corporations not to be greedy?

I think a bigger problem is people are proud to be ripped off because it helps them fit in with others.

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