holiday debt

Man Struggling With Large Debt

U.S. Credit Card Debt Approaches $1 Trillion

According to a new study, credit card debt in America reached $917.7 billion at the end of 2015. This is a $71 billion higher than 2014. Much of this debt can be attributed to the fourth quarter of 2015. Americans incurred $52.4 billion in credit card debt during that quarter alone – the largest fourth