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Story summary
- More than 40% of U.S. adults cannot pay off their credit card balances monthly, driving debt to a reported $1.27 trillion.
- About 68 million cardholders are "debt-stressed," using at least 30% of their credit.
- Since 2010, Americans have paid $2.1 trillion in credit card interest, surpassing auto and student loan balances.
- Communities of color face higher missed payment rates and greater reliance on high-cost credit options.
