Top Of Mind With Julie Rose

Credit card debt is at an all-time high in America. Half of all Americans with a credit card have carried a balance in the past year, and one in three have more credit card debt than emergency savings. And with interest rates soaring, that debt is becoming even more expensive. It’s easy to see credit card debt as a personal failing, caused by overspending. While that’s often true, nearly a third of U.S. credit card holders say they use their cards to cover essentials like rent, food, or medical bills. That complicates the narrative. Credit card debt might be a burden—but access to credit can also be a lifeline. On this episode of Top of Mind: - How should we think about credit card debt in America? - How much personal responsibility do we bear? - What are the risks of making credit card debt “cheaper”? - How can consumers navigate a system designed to promote debt? Guests: Jamie Feldman, journalist and co-host of the Debt Heads podcast (https://debtheadspodcast.com/) Elena Botella, author of Delinquent: