First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/10/08/credit-card-spending-tanked-in-august-the-the-american-consumer-tapped-out-003526
<p><img src='https://www.moneymetals.com/uploads/content/credit-card-1520400_1280.jpg'/></p>How close are Americans to hitting their credit card limits? That&#039;s hard to say, but based on the latest consumer credit data from the Federal Reserve, they may be getting closer.