With prices continuing to go up, more Americans are leaning on credit cards to get by.
- According to a new report, credit card balances wnet up 13% last quarter - the biggest jump in more than 20 years.
- Last quarter also saw 233 million new credit card accounts opened - the most since 2008.
- Despite the increase, overall credit card debt is actually lower now than it was pre-pandemic.
- How much do you use your credit cards on a regular basis? Have you had to use them more in the last six months?