{"id":1993707,"date":"2023-08-07T21:03:58","date_gmt":"2023-08-08T01:03:58","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/americans-amass-record-1-trillion-in-credit-card-debt\/"},"modified":"2023-08-07T21:04:33","modified_gmt":"2023-08-08T01:04:33","slug":"americans-amass-record-1-trillion-in-credit-card-debt","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/americans-amass-record-1-trillion-in-credit-card-debt\/","title":{"rendered":"Americans now hold a staggering $1 trillion in credit card debt, reaching an all-time high."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Famericans-amass-record-1-trillion-in-credit-card-debt%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1993707&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The Federal Reserve Bank of St. Louis: Americans&#8217; Credit Card Debt Reaches $1 Trillion<\/h2>\n<blockquote><p>The Federal \u200cReserve Bank of St. Louis reported on Friday that Americans have reached a historic and troubling milestone\u2064 &#8211; they now owe a staggering $1 \u200ctrillion in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nasa-worker-sentenced-to-18-months-in-prison-after-lying-to-govt-for-pandemic-benefits\/\" title=\"NASA worker sentenced to 18 months in prison after lying to govt. for pandemic benefits\">credit card debt<\/a>.<\/p><\/blockquote>\n<p>This alarming figure coincides with the fact that some <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/credit-card-interest-rates-reach-all-time-high\/\" title=\"Credit Card Interest Rates Reach All-Time High\">credit card interest rates<\/a> have soared to\u2062 their highest levels in the past\u2063 40 years.<\/p>\n<p>A recent study conducted by WalletHub revealed that the average interest rates for new <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/by-conservatives-for-conservatives-new-credit-card-offers-alternative-to-americans-fed-up-with-woke-businesses\/\" title=\"\u2018By Conservatives For Conservatives\u2019: New Credit Card Offers Alternative To Americans Fed Up With Woke Businesses\">credit card offers<\/a>, which are often presented at a discounted rate compared to the standard rate, have also been affected.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve Bank of St. Louis revealed a concerning milestone on Friday: Americans&#8217; credit card debt has reached a historic $1 trillion. This alarming figure coincides with the highest credit card interest rates in four decades. A recent study by WalletHub discovered that new offers carry average interest rates.<\/p>\n","protected":false},"author":2167,"featured_media":1993708,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-1993707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1993707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2167"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1993707"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1993707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1993708"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1993707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1993707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1993707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}