Spiced Kopi Today's briefing

Hindustan Times·Us

US Credit Card Debt Hits Record $1.29 Trillion

Summarised by Spiced Kopi · ·10 sec listen

US Credit Card Debt Hits Record $1.29 Trillion

US credit card debt reached a record $1.29 trillion. Yet people with little borrowing history may be rejected for credit cards, car loans and mortgages, showing that avoiding debt can make it harder to prove creditworthiness.

Read the full report at Hindustan Times

This card is an AI-assisted summary of reporting published by Hindustan Times. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.