By  on March 8, 2018

Americans are feeling more confident in their financial positions and are shopping more, but their level of credit card debt is the highest it’s ever been.

New data from the Federal Reserve and a related study by WalletHub shows that credit card debt in the U.S. reached $1.01 trillion by the end of fiscal 2017, beating out the previous record of $984 billion at the end of 2008 and the start of 2009, the tipping point of the Great Recession.

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