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Poor Americans

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economy1 year ago

"Rising Credit Card Debt Leaves Renters and Low-Income Individuals Struggling"

Despite a healthy U.S. economy, lower- and middle-income Americans, particularly renters, are struggling with credit card debt and falling behind on payments, raising concerns about their financial well-being. Experts fear that these individuals, who have also resumed paying off student loans, may face further financial challenges in the coming year.