The Growing Shadow of Credit Card Debt: A Crisis Looming Over American Consumers In 2023, the U.S. economy leaned heavily on consumer spending. Now, record-breaking credit card debt combined with soaring interest rates has catapulted delinquencies to new heights, signaling a burgeoning crisis in credit card debt. As these financial pressures mount, an increasing number of Americans are desperately seeking solutions. Data from Money Management International (MMI), a nonprofit credit counseling agency, reveals a significant spike in individuals seeking debt counseling post-holidays in January. This trend shows the urgent need to address and mitigate the growing credit card debt crisis. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Beware of Synthetic Gold! READ MORE UBS: Silver Poised to “Dramatically” Outperform Gold This Year READ MORE U.S. Economy Triumphs: U.S. Growth During a Global Slowdown READ MORE Oil prices rise amid reports Iranian consulate hit by missile strike in Damascus READ MORE The Day the Hunt Brothers Capped the Price of Gold (Part 2) READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment