Americans added significantly to their credit card balances last year, according to data from the Federal Reserve.
INDIANAPOLIS — Americans added significantly to their credit card balances last year, pushing total debt to $1.39 trillion, according to data from the Federal Reserve.
For the average household, that’s roughly $11,500 in credit card debt.
John Kiernan with WalletHub said if you adjust for inflation, that amount is about 9% below the all-time record.
“If you don’t adjust for inflation, the numbers we’re seeing in terms of total debt and the amount we’re…