As the decade winds down, a new Bankrate.com report finds that only 35% of credit card debtors currently owe less than was typical for them over the past 10 years. Worryingly, 40% said their current credit card debt is higher than usual and 25% reported it’s about the same. Bankcard.com Analyst Ted Rossman joins the Morning Show to talk about consumer debt.
Credit Card Debt
