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CNBC

Credit card debt set to hit record levels as consumer holiday spending rises

CNBC
Summary
Nutrition label

82% Informative

Spending between Nov. 1 and Dec. 31 is "clearly on track" to reach a record, the NRF says.

36% of Americans have taken on debt this season , a recent report by LendingTree found.

28% of credit card users had not paid off the gifts they bought last year , according to another report by NerdWallet .

VR Score

87

Informative language

88

Neutral language

47

Article tone

informal

Language

English

Language complexity

35

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links