25-06-2024 17:05 via kxan.com

Credit card debt is soaring, especially in this Texas city

(NEXSTAR) – Americans are falling behind on their credit card payments at a level not seen in more than a decade amid high interest rates and persistent inflation, but some cities have far higher average debts than others, a study found.Four of the five cities with the highest average household credit card debt are located in California, a study by finance site WalletHub found.Using data from the Census Bureau, TransUnion and the Federal Reserve, the study's authors looked at inflation-adj
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