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Home > Marketplace with Kai Ryssdal > Americans have a record amount of credit card debt
Podcast: Marketplace with Kai Ryssdal
Episode:

Americans have a record amount of credit card debt

Category: Business
Duration: 00:29:16
Publish Date: 2023-06-09 22:29:10
Description:

American consumers have racked up an eye-popping $990 billion in credit card debt, according to Federal Reserve data. That number is climbing alongside interest rates. Why are so many people reaching for plastic right now? We’ll also mull the likelihood of a Fed rate hike skip or pause and learn about the educational hurdles that worsen the nursing shortage.

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