Uh-Oh, We’re Racking Up Credit Card Debt Like It’s 2007 Again

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While consumer confidence in the economy is generally a good thing, that optimism can have a serious downside if it prompts people to take risks with their money.

Unfortunately, the newest numbers from WalletHub.com indicate that this is exactly what’s happening, with credit card debt hitting record highs lately. And the site warns Americans in no uncertain terms that this is not likely to end well.

“The fact that U.S.