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flag U.S. credit card debt reached a record $1.2 trillion in Q2 2025 due to inflation and financial stress, with Texas seeing high levels of delinquency.

flag U.S. credit card debt hit a record $1.2 trillion in the second quarter of 2025, driven by inflation, job instability, and rising household financial strain. flag Many consumers are using cards for everyday expenses, and some are seeking loans online amid economic uncertainty. flag Texas ranks third nationally in distressed credit accounts, with nearly 8% in forbearance or deferred payments, raising concerns about future bankruptcy risks.

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