Credit expert warns: US revolving debt spikes by alarming 9%

WASHINGTON, D.C. (7News) — 7News spoke with National Foundation for Credit Counseling Bruce McClary on credit card debt increasing in the U.S.

“We’re seeing a lot of the same thing that you’re talking about. We’re seeing a significant increase in revolving debt activity. In fact, revolving debt spending earlier in the year increased by nine percent,” McClary said.

7News spoke with National Foundation for Credit Counseling Bruce McClary on credit card debt increasing in the U.S. (7News)

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