New Report Reveals Soaring Credit Card Debt Amidst Economic Strain - TFPP Wire

The national average for credit card debt has skyrocketed to $6,555, with some states like New Jersey seeing an average debt of $8,155 per credit card—a staggering 24% above the national average.
"...Bruce McClary, senior vice president at the National Foundation for Credit Counseling (NFCC), attributes this alarming trend to the rising costs of living that are outpacing many Americans’ budgets. “Things are so much more expensive than they were three years ago,” McClary told The Epoch Times.

• ...as long as economic policies continue to strain the average American family, the cycle of mounting credit card debt threatens to trap more households in a quagmire of financial insecurity.