More people are carrying more debt for longer
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Consumer credit jumped a whopping $23.7 billion in November, according to the Federal Reserve. That continues a trend of households struggling with high and rising prices, which is leading to a surge in debt and delinquencies. And it’s putting additional strain on families, especially lower-income ones. We’ll also preview what the December CPI might look like and hear why the song “Murder on the Dancefloor” is killing it right now.
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