Early in the pandemic, there were encouraging and surprising signs about the decline of credit card debt. In fact, 42% of those with credit card debt, or 59 million Americans, say they have added to their balances since the beginning of the pandemic, according to a new study by personal finance site Bankrate.com. "Things are better for some, but they are not better for everybody," explains Ted Rossman, Bankrate’s senior industry analyst.

finance.yahoo.com  • shared by Tim Connors in #AI Debt Coach  •  over 2 years ago