Americans’ credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they’ve surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.

    • ProdigalFrog
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      fedilink
      22 years ago

      It’s free only if you have the ability to gully pay off your card every month, otherwise it is not free due to interest, yes.