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credit card balancesCNBC
•86% Informative
Americans now owe a record $1.14 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday .
The average balance per consumer stands at $ 6,329 , up 4.8% year over year , TransUnion found.
Borrowers with revolving debt "maxing out" credit cards "is usually a pretty good indicator that people are stretched," TransUnion's Michele Raneri said.
VR Score
89
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89
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64
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English
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