Terry Savage: Credit card breathing room
- Posted on July 28, 2026
- By Chicago Tribune
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- 1 min read
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Terry Savage: Credit card breathing room
Americans hold roughly $1.25 trillion in credit card debt, with the average consumer carrying $6,595 in balances. Delinquency rates are at their highest level in 15 years. Much of that debt is incurred by people just trying to manage…