1100: Americans Are Being Crushed By Credit Card Debt - Episode 1100 Investing In Real Estate With Clayton Morris | Investing For Beginners podcast

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1100: Americans Are Being Crushed by Credit Card Debt - Episode 1100

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There’s a huge problem impacting our economy and we need to talk about it – Americans are absolutely drowning in credit card debt. In the fourth quarter of 2023, Americans’ total credit card balances increased by $50 billion, reaching a total of $1.129 trillion, according to data from the Federal Reserve Bank of New York. In fact, consumer debt is at its highest balance since the New York Fed began tracking data in the 1990s.
On today's show, we're going to dive in what's going on with the state of credit card debt in the US. We're going to talk about delinquencies, interest rates, and much more. If you want to know more about consumer debt and how it's impacting the daily lives of Americans, tune in to this episode!

… continue reading

1113 episoder

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1100: Americans Are Being Crushed by Credit Card Debt - Episode 1100

Investing in Real Estate with Clayton Morris | Investing for Beginners

693 subscribers

published 1M ago

Del

MP3•Episode hjem

Indhold leveret af Investing in Real Estate with Clayton Morris | Investing for Beginners and Clayton Morris. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Investing in Real Estate with Clayton Morris | Investing for Beginners and Clayton Morris eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

There’s a huge problem impacting our economy and we need to talk about it – Americans are absolutely drowning in credit card debt. In the fourth quarter of 2023, Americans’ total credit card balances increased by $50 billion, reaching a total of $1.129 trillion, according to data from the Federal Reserve Bank of New York. In fact, consumer debt is at its highest balance since the New York Fed began tracking data in the 1990s.
On today's show, we're going to dive in what's going on with the state of credit card debt in the US. We're going to talk about delinquencies, interest rates, and much more. If you want to know more about consumer debt and how it's impacting the daily lives of Americans, tune in to this episode!

… continue reading

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