People are maxing out their credit cards because of the pandemic.
About 51 million Americans added to their balances since the pandemic began, and one generation in particular is being hit hardest.
Millions of Americans maxing out credit cards due to pandemic
Credit: KTNV Channel 13 Las Vegas
Duration: 00:23s
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ABOUT -51- MILLION AMERICANSADDED TO THEIR BALANCES SINCETHE PANDEMIC BEGAN - -AND ONEGENERATION IN PARTICULAR ISBEING HIT HARDEST.A SURVEY FROM CREDIT CARDS DOTCOM SHOWS ABOUT 56 PERCENT OFMILLENIALS SAY THEIR CREDITDEBT HAS GROWN SINCE MARCH.THAT'S COMPARED TO 53-PERCENTOF GEN-X...AND 46-PERCENT OFBABY BOOMERS.A NEW ALERT ISSUED FOR HAND