(REUTERS) – Early in the pandemic, there were encouraging and surprising signs about the decline of credit card debt. Now, that trendline seems to be changing.
Many people stayed at home at the start of Covid-19 and did not spend like they usually do. They also received several rounds of emergency cash assistance, helping to chop away at those credit card bills, at least temporarily.
Please subscribe or log in to continue reading the full article.
- Latest headlines and exclusive stories
- In-depth analyses and award-winning multimedia content
- Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
*Terms and conditions apply.
Join ST’s Telegram channel here and get the latest breaking news delivered to you.
Source: Read Full Article