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Americans together owe $ 1.13 trillion to credit card companies.
That's just credit cards. Doesn't include car loans, or mortgages. And doesn't show signs of slowing down anytime soon.

In the chart below you can see the latest rise starting in early 2021. That's after the start of the covid pandemic when more of us became enamoured of that "contactless" payment option.

https://time.com/6957322/why-credit-card-debt-is-high/