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Cards & Payment InfrastructureSourced news summary

Fed Data Shows Household Debt Hits $19.1 Trillion as Bill Payers Lose Confidence

Source: PYMNTS ·
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Consumers living paycheck to paycheck who were keeping up with their bills grew less confident as recently as last month that they could manage their debt over the next year. Higher regular expenses and expenses that exceeded income were the two most common reasons cardholders…
— Excerpt from PYMNTS
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