Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

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[–] 3 points 3 years ago

Thing is, by the time you have to know, you'll need to have a history of good credit.

I have one credit card. It's fully paid off every month automatically, because I spend less than I make.

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