Skip to main content

Welcome to the new Federal Reserve Education website. Register an account and start saving favorite resources!

Back to All
Resources
New!
Reading Q&A
16-30 min
Personal Finance

Credit Cards: The Trillion-Dollar Debt

OVERVIEW

This reading assignment addresses credit card history, statistics, and usage, as well as reasons for the increase in credit card debt. The information in the article can help in managing credit card accounts, and students will better understand the economics of using revolving credit as they prepare to become cardholders! Print the article.

Grade Level
Topics
Icon of a person raising their hand

Need Help?

Find answers to any questions you have.
Get Support