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Which U.S. Households Have Credit Card Debt?

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Abstract
Households carrying credit card balances tend to be middle income, but the ratio of credit card debt to income is highest among those who earn the least.

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  • Yu-Ting Chiang & Mick Dueholm, 2024. "Which U.S. Households Have Credit Card Debt?," On the Economy 98285, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:l00001:98285
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    Keywords

    credit cards;

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