Rising interest rates, inflation leading consumers to rack up credit card debt ...Middle East

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(KTLA) -- Rising interest rates coupled with crippling inflation has sent more Americans into debt using credit cards to pay for everyday necessities. Credit card debt in the U.S. has surged over the past year as more Americans borrow money to keep spending. And with interest rates set to go up again, it might be even harder to break free of that crushing debt. Swiping plastic has become more enticing than ever as high inflation digs deep into Americans' pockets. Fed expected to increase interest rates, again Many people are having to use credit to pay for everyday essentials such as groceries and gas — necessities that have gone up in cost much faster than average earnin

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