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's hard to say, but based on the latest consumer credit data from the Federal Reserve, they may be getting closer.
<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's hard to say, but based on the latest consumer credit data from the Federal Reserve, they may be getting closer.