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WalletHub Reports: $87B Rise in Credit Card Debt in 2021, Fed Rate Hike to Cost $1.6B & Cities with the Biggest Paydowns - Vimarsana News

WalletHub Reports: $87B Rise in Credit Card Debt in 2021, Fed Rate Hike to Cost $1.6B & Cities with the Biggest Paydowns

A Federal Reserve interest rate increase on March 16 would cost people with credit card debt an extra $1.6 - $3.2 billion in the next year.