Friday, August 14, 2020

Credit Card Debt Drops Sharply in 2nd Quarter of 2020

Household debt declined slightly overall from the first quarter of 2020 to the second — but revolving credit card debt saw a significant drop. In a typical year, credit card debt goes down in the first quarter as people pay off holiday bills, then increases slightly in the second quarter, NerdWallet research has found. But...



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