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Americans near record credit card debt — strategies to lower your balance

Americans near record credit card debt — strategies to lower your balance
Photo: Click2Houston KPRC2 Local · view original

Americans are carrying nearly a record amount of credit card debt, and new data shows a growing share of balances are seriously delinquent. Credit card balances climbed to $1.26 trillion in the second quarter of 2026, up $21 billion from the previous quarter, according to the Federal Reserve Bank...

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