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US Credit Card Debt Nears $1 Trillion

Credit card debt in the United States is approaching $1 trillion, according to a study by CardHub.com, a company that tracks consumer financial issues. If that figure isn't stark enough by itself, consider these, also from last month's Card-Hub study: -In 2015 alone, credit card debt rose $71 billion; $52 billion came in the fourth quarter, mostly attributed to holiday shopping. -That 4th quarter equaled credit card debt during the entire years of 2009, 2010 and 2011...

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