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subprime borrowers

Americans now owe a staggering $18.19 trillion as credit card debt keeps climbing

May 28, 2026May 28, 2026 by Brian Fagioli
Burn money Unsplash

Americans now owe a record $18.19 trillion in consumer debt, according to Equifax. Rising living costs are pushing many consumers deeper into credit card debt.

Categories Finance Tags bankcard debt, consumer finance, credit card debt, economy, Equifax, HELOC, inflation, student loans, subprime borrowers, U.S. consumer debt
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