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U.S. consumers have $986 billion in credit card debt

U.S. consumers have $986 billion in credit card debt

U.S. consumers have $986 billion in credit card debt 150 150 admin

Americans now carry a record $986 billion worth of credit card debt, according to numbers from the Federal Reserve Bank of New York. CBS News MoneyWatch reporter Megan Cerullo explained the reasons behind the staggering number, and shared tips for reducing your debt.
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