@abcnewslive: A new report from the Federal Reserve shows credit card debt is at an all-time high. ABC News’ Elizabeth Schulze says if you're not paying off your card in full each month "that interest can really add up really quickly."

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Friday 14 February 2025 15:56:54 GMT
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notsosus1
PlatanoMaduro :
spending money? holiday shopping? we are buying groceries that we can't afford.
2025-02-14 16:15:21
1382
elizabeth_donaldson
E L I Z A B E T H :
Uh yeah it’s not holiday shopping. It’s paying to live.
2025-02-14 17:28:53
528
danceswithdobermans
DanceswithDobermans :
Are they that out of touch???
2025-02-14 17:55:18
176
angiiiwhy
angiiiwhy :
I'm literally in debt from rent and groceries 🥲
2025-02-14 17:54:31
72
anna_with_nn
Anna ~{with two N’s}~ :
Put some of those cuts that Elon is doing toward mine, thanks
2025-02-20 08:57:32
0
lemortasavage
Savage :
I had to start to use mine to pay for my basic utilities recently. I'm a double income household!!
2025-02-14 18:39:35
2
taimakeety
Taimakeety :
My debt is literally from health issues an vet bills. I'm so over it.
2025-02-16 19:25:01
1
41ohhcampos
41Ohhcampos :
Well for us, it’s the car insurance, health insurance and rent and now electric is so freaking high for no damn reason
2025-02-14 16:51:35
89
aliciagloom
alicia :
my debt is from paying for groceries.
2025-03-12 16:02:43
0
3rddaws
3rdDaws :
If we didn’t have credit cards we would be in a bigger depression than the great depression.. that’s crazy
2025-03-22 04:25:07
0
elisamtaylor
Elisa UnMasked :
Holiday shopping are you serious??? Americans were starved out from 2020 forward deliberately. Trump will dismantle the federal reserve.
2025-03-09 13:53:04
0
melmam2022
Dr. Mom :
What????? Everything is so much more expensive and we can’t afford the basic
2025-02-15 17:06:36
0
manda_panda_bear3
PANDA :
I think credit cards are the only reason we aren’t standing in bread lines like the Great Depression. Bc no one I know is doing good financially. They just rack up debt. They pay off cc with new cc.
2025-02-17 16:39:29
1
kimmee68
Kimberlee Batchelor :
People are just try to live.
2025-02-27 07:36:06
0
fostermama004
fostermama 🐶🐶🐶🐶 :
I have so many people saying they use them to buy food . Get real people, we can’t afford these prices
2025-03-09 20:09:57
0
cablestripper
Inconceivabbblleee :
THE BIDEN ADMINISTRATION IS TO BLAME. We all MAXED our cards out to LIVE!!!!!!
2025-03-14 17:13:42
0
obiwaynekenobi2021
ObiWayneKenobi2021 :
yep...4 years under Sleepy Joe ran us into the dirt
2025-02-24 20:45:56
0
laurensnights
Lauren :
Groceries prices are insane
2025-03-01 16:03:12
0
filthybozo
FilthyBozo :
Me watching this with no credit card debt, cars are paid off.
2025-02-19 22:34:55
0
poulsendarla5
poulsendarla5 :
How much of that is interest?
2025-02-19 23:46:26
0
texmex707
texmex707 :
I’m filling chap 7 bye bye 55k in CC debt
2025-02-20 03:43:17
0
kperryman711
kperryman711 :
I think its last-ditch efforts to survive. I'm considering opening a credit card or taking out a loan to pay my electric bill that went from $150 ALL LAST YR to $550/mo.
2025-02-20 09:27:07
0
itsagoodday2bgreat
Insouciant :
School debt contributes
2025-02-20 11:38:14
0
itsaaron_quintana
itsaaron_quintana :
bro I wasted 300 on groceries 2 weeks ago and I only have some eggs and a gallon of tampico juice
2025-06-27 11:06:07
0
mollyray20
Molly Ray841 :
I think it’s just the cost of living- groceries, utilities and the interest rates. Didn’t seem like anyone was holiday shopping z
2025-02-24 04:50:34
0
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