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Consumers Lean on a ‘Hamster Wheel’ of Credit to Manage Rising Costs

Consumers Lean on a ‘Hamster Wheel’ of Credit to Manage Rising Costs

As prices increase for gas, groceries and other staples, more and more households are borrowing to get by.

Source: https://www.nytimes.com/2026/05/10/business/consumers-credit-inflation-costs.html

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