Consumer Credit Card Debt Has Biggest Q2 Jump In Years – ValueWalk Premium
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Consumer Credit Card Debt Has Biggest Q2 Jump In Years

Unemployment has been improving, second quarter GDP growth estimates have been revised up, and consumer confidence recently hit a seven-year high, so we already knew that the recovery was finally starting to reach Main Street. But it’s startling how quickly that has translated into rising credit card debt.

“While U.S. consumers paid down roughly . . .

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