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Americans have a credit card debt problem (www.newsweek.com)

submitted 9 months ago by return2ozma@lemmy.world to c/personalfinance@lemmy.ml

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[–] CircuitGuy@lemmy.world 1 points 8 months ago

I have heard this all my life, going back to the 80s. There are always high-interest loans that unsophisticated and desperate people take out. I don't think there's some unique new problem.