Americans falling behind on credit card and car loan debt



Inflation continues to have a big impact on Americans’ budgets with many falling behind on their car loans and credit cards. NBC News’ Tom Costello has more details on the debt impacting wallets across the country.

Β» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
Β» Watch more NBC video: http://bit.ly/MoreNBCNews

NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.

Connect with NBC News Online!
NBC News App: https://smart.link/5d0cd9df61b80
Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621
Visit NBCNews.Com: http://nbcnews.to/ReadNBC
Find NBC News on Facebook: http://nbcnews.to/LikeNBC
Follow NBC News on Twitter: http://nbcnews.to/FollowNBC
Get more of NBC News delivered to your inbox: nbcnews.com/newsletters

#NBCNews #CreditCard #Debt

source

30 comments

  1. Americans have never been in a better position financially than with Joe Biden at the helm πŸ˜‚

  2. student loans to pay for car and credit cards.

  3. No news here.

    Writing was on the wall for 2 years now.

  4. The economy is collapsing.

  5. Everyone is just doing what our own government has been doing for decades. Borrowing money that can't be paid back.

  6. Really bad in real world with Joe biden

  7. Maybe stop focusing on the monthly payment and focus more on the final PRICE of the item.

  8. I don't know why people are still in 2023 so ignorant about USURY that lost hebrew's tribe to enslave the Goy in financial entrapment and DEBT
    I don't have any plastic money. I remeber when is came out 65 years ago, September 18, 1958 Visa.
    I liked Silver Dollars in 58'. Money had good weight.
    I still have silver dollars, and no debt.

  9. BIDENOMICS!!!! Soon the houses are coming and deep into recession you will go…KEEP PRINTING AND SPENDING!!!

  10. I have hardly any debt so im sitting pretty good stop spending so much money and u be alright

  11. Either dumb or greedy folks, either way, haha

  12. I have never used a credit card. If I buy online then gift card are the ones. If I can't pay cash then I shouldn't think about buying it.

  13. VoTe bLuE nO mATteR wHo πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚ bidenomics works people πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

  14. After a certain amount of money, its the banks problem. The person just doesnt give af anymore

  15. The unavoidable housing market crash is on its way folks. Brace for impact.

  16. The cost of living is too dang high. I’m disabled and barely surviving. I stress barely.

  17. When you raise the interest rate this high, many will decide they cant afford the payments of what they financed, so they'll accept they must file a bankruptcy. They go charge all they can because their credit is going to be shot anyhow. Really screws up the ones they owe money too. We'll see house after house across the country foreclosed on. Rentals need to be smart, because there is going to be a mass surplus of housing around 2 years from now.

  18. I'm pretty sure my credit score is in the negatives at this point.

  19. I'm not in debt don't use any type of credit cards don't even own them use cash only . πŸ’― debt free .

  20. Don't buy an expensive car and quit spending so much. Problem solved.

  21. πŸ˜‚ the American dream baby!!

  22. Went over a trillion in national CC debt. What’s that say about the economy?