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Maxed Out: Inside America's Credit Card Debt Crisis. Credit Card Companies Are SHUTTING DOWN Lending in Less Than A Week
Video Credit: Rumble
Published on January 1, 2024 - Duration: 15:00s
Maxed Out: Inside America's Credit Card Debt Crisis. Credit Card Companies Are SHUTTING DOWN Lending in Less Than A Week
Credit cards have become our emergency funds.
About 55% of US citizens live paycheck to paycheck, 36% have more credit card debt than emergency savings and 22% have no emergency savings at all.
Many people lean into credit cards not because they want to, but because they have to.