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.

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…