Fool - Investing News
16 Jul 2026, 10:30 UTC · 2h ago
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Total U.S. credit card debt has exceeded $1.2 trillion, with most balances accruing interest rates above 20%. — High levels of consumer debt combined with elevated interest rates increase the risk of defaults and signal a squeeze on discretionary consumer spending.
-0.40Which stocks this story touches
The author recommends the Chase Slate card and expresses a desire for a long-term relationship with the bank.
The author recommends the Wells Fargo Reflect card as a top choice for those carrying large balances.
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Fool - Investing News
1h ago
