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.

you are viewing a single comment's thread
view the rest of the comments
[–] 5 points 3 years ago*

Seriously. I get free first class international tickets and a few hotel room nights paid every year with points and miles I get from credit cards, every year. And I use my credit cards for business expenses and get even more as a result.

Why would I ever use a debit card? I like full reclining on the flight back from Europe.

I would like to see some more meaningful metrics than offered in this headline.

  • source
  • parent