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flag AARP survey shows nearly half of older Americans use credit cards for basic expenses, with significant debt increases.

flag AARP's recent survey reveals that 47% of Americans aged 50 and over with credit card debt are using it to cover basic living expenses, with 37% reporting higher debt than last year. flag Nearly half owe $5,000 or more monthly, and 28% owe at least $10,000. flag Healthcare costs contribute to debt for half of those in debt, and 46% find their ability to save for the future hindered by this debt.

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