Amna Nawaz
@PBSNewsHour·5.3M subscribers·62.2K videos
Credit card debt surges in U.S. as high interest rates make it harder to pay off
Posted
August 11, 2026
Views
113,390
Likes
1,470
Engagement
1.30%
August 11, 2026
113,390
1,470
1.30%
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7:10Now PlayingAmericans owe more than a trillion dollars in credit card debt, up 60% from just five years ago. Meanwhile, higher interest rates make debt even more difficult to pay off, a downward spiral causing credit card delinquencies to surge. Economics correspondent Paul Solman explains.
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