Crime and Society Newsletter

Crime and Society Newsletter

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Crime and Society Newsletter
Crime and Society Newsletter
America’s Credit Card Crisis: A Gateway to Crime and Desperation

America’s Credit Card Crisis: A Gateway to Crime and Desperation

The staggering debt crisis creates vulnerabilities that criminals exploit while also pushing individuals to engage in illegal or dangerous activities to alleviate financial pressures.

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Dr Currie Myers
Dec 31, 2024
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Crime and Society Newsletter
Crime and Society Newsletter
America’s Credit Card Crisis: A Gateway to Crime and Desperation
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person holding Visa card and white device
Photo by Nathan Dumlao on Unsplash

As America’s household credit card debt surpasses $10,000 on average, with $1.17 trillion in annual interest payments and $46 billion in delinquent debt, the financial picture for millions of Americans grows darker. Shockingly, 28% of Americans have not even paid off their credit card debt from 2023. While these numbers…

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