12/9/2015 – Americans Are Sinking Further Into Credit Card Debt (Money)

Consumer credit card debt is rising again. The average indebted household now carries a revolving balance of $15,355, according to a new study by NerdWallet. With credit cards carrying an average interest rate of 18%, that balance costs the average household $6,658 — 9% of income — in interest per year.

Read the full post in Money.