Rapid and drastic inflation increases are driving American families to make more purchases on credit cards. That move is leading people to amass more debt. The increase in usage of credit cards is being met with interest rate hikes from the federal reserve. Inflation is outpacing wage increases nationwide and many Americans are seeing an increase in credit card dependency and debt. What about you? Has inflation led you to pile up more charges on your credit cards? Let us know, below.
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