Erin El Issa
speaker
52 appearances
1 recordings
1 series
first heard Jan 2026
last heard 15 Jan
Erin El Issa’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.
Appearances
So revolving credit card debt has been going up since 2021 after a lot of people paid down their balances in the early months of the COVID-19 pandemic.
We surveyed Americans with revolving credit card debt about the things that contributed to it.
And while more than half said necessities like food and transportation, 37% said shopping.
So it's likely that credit card debt at large is a combination of necessary and unnecessary spending.
Well, for some, it might just be a way to cope.
Nearly a third of Americans with revolving credit card debt say they'll probably always have balances.
And close to a quarter of those with debt say it makes them feel hopeless, so normalizing it may just dull the sting.
Other than that, I mean, it is pretty normal.
Personally, I stopped carrying balances years ago, but plenty of people see credit card debt as a given, possibly the only way to reasonably afford their lifestyle.
I mean, I think it's concerning.
Yeah.
Credit card debt is usually very expensive to carry, and it can absolutely eat up your budget in monthly payments.
Yeah.
People's views on debt are not only influenced by the people around them, but the people in their online spaces, for good or for ill.
And if everyone else seems to have credit card debt, you might not feel as much urgency to get rid of your own.
Student loan, auto loan, and mortgage debt are all up this year as well.
None of the debt balances jumped quite as much as revolving credit card debt, though.
You're right.
It doesn't feel that way for many.
But the numbers suggest that median household income has slightly outpaced the cost of living over the past five years.
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