Tag Archives: Credit Card Debt

Americans Significantly Reduce Their Credit Card Debt Amid Pandemic

Credit Card Debt

How Americans are Safeguarding Their Finances During an Economic Downturn In the middle of a year characterized by uncertainty, Americans are finding stability through reducing their credit card debt. Economists expected the rising unemployment rates and recession to be met with increased debt. However, reduced spending and government supplementation flipped the expected outcome. The Numbers […]