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In the spring of 2022—following the large decreases in consumer spending, stimulus checks, and other financial relief due to the COVID-19 pandemic—total revolving credit card debt reached its lowest level ....
Photo Credit: Stokkete / Shutterstock The COVID-19 pandemic altered American spending patterns dramatically. In the early days of the pandemic, social distancing and stay-at-home orders resulted in a shift away from transportation, res. ....