![Credit card debt makes up for lack of income growth: Credit card debt outstanding back up to $900 billion. Since 1980 household income up 300% while credit card debt up 1,760%. Credit card debt makes up for lack of income growth: Credit card debt outstanding back up to $900 billion. Since 1980 household income up 300% while credit card debt up 1,760%.](http://www.mybudget360.com/wp-content/uploads/2015/07/chart-of-the-day-credit-card-debt-swallows-american-households.jpg)
Credit card debt makes up for lack of income growth: Credit card debt outstanding back up to $900 billion. Since 1980 household income up 300% while credit card debt up 1,760%.
![The Kobeissi Letter on X: "JUST IN: Total credit card debt in the US rises by $48 billion in Q3 2023, to a record $1.08 trillion. This means that total credit card The Kobeissi Letter on X: "JUST IN: Total credit card debt in the US rises by $48 billion in Q3 2023, to a record $1.08 trillion. This means that total credit card](https://pbs.twimg.com/media/F-W6mq1WUAEqHrI.jpg)
The Kobeissi Letter on X: "JUST IN: Total credit card debt in the US rises by $48 billion in Q3 2023, to a record $1.08 trillion. This means that total credit card
![As outstanding credit card debt hits new high, the CFPB is focusing on ways to increase competition and reduce costs | Consumer Financial Protection Bureau As outstanding credit card debt hits new high, the CFPB is focusing on ways to increase competition and reduce costs | Consumer Financial Protection Bureau](https://files.consumerfinance.gov/f/images/cfpb_tccp-survey_social-graphic.original.png)