this post was submitted on 23 Jun 2024
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Economics

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Credit card debt is soaring, especially in these cities (thehill.com)
submitted 4 months ago by [email protected] to c/[email protected]
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Using data from the Census Bureau, TransUnion and the Federal Reserve, the study’s authors looked at inflation-adjusted household debt in the country’s largest 181 cities found Santa Clarita, California to have the highest average household credit card debt ($21,836), followed by Chula Vista, CA ($20,920), New York, NY ($19,207), Fontana, CA ($18,843) and Rancho Cucamonga, CA ($18,549).

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[–] [email protected] 2 points 4 months ago

That seems unsustainable...