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<h2>US credit card debt hits record $1 trillion: Households opened 5.48 million more accounts this year as average interest rate climbs to 20.53%</h2>
<p><strong> US credit card debt hit $1 trillion for the first time in history, Fed data shows </strong><br />
<strong>Experts called the sum “staggering”, with average interest rates on cards reaching 20.53%</strong><br />
<strong>Data reveals how households are struggling to keep pace with runaway inflation and rising interest rates </strong></p>
<p class="author-section byline-plain">By Helena Kelly Consumer Reporter for Dailymail.Com </p>
<p><a href="https://whatsnew2day.com/us-credit-card-debt-hits-record-1-trillion-households-opened-5-48-million-more-accounts-this-year-as-average-interest-rate-climbs-to-20-53/">US credit card debt hits record $1 trillion: Households opened 5.48 million more accounts this year as average interest rate climbs to 20.53%</a></p>
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US credit card debt hit $1 trillion for the first time in history, Fed data shows
Experts called the sum “staggering”, with average interest rates on cards reaching 20.53%
Data reveals how households are struggling to keep pace with runaway inflation and rising interest rates
By Helena Kelly Consumer Reporter for Dailymail.Com