Americans falling behind on credit card and car loan debt

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Aug. 31, 202301:43

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Inflation continues to have a big impact on Americans’ budgets with many falling behind on their car loans and credit cards. NBC News’ Tom Costello has more details on the debt impacting wallets across the country. Correction: The original version of this report incorrectly stated the spending rate. It is up nearly one-tenth of a percent, not nearly 1 percent. That line has been removed.Aug. 31, 2023

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• UP NEXT

  

  Brother of Princess Diana alleges physical and sexual abuse

  03:02

• Dangerous winds create travel delays and power outages

  01:12

• Biden ramps up re-election campaign in New Hampshire

  01:55

• Growing mystery over royal photograph

  02:37

• After kindness shown them decades ago, Chinese American family pays it forward

  01:42

• Some grocery chains offer their own private brands to keep food prices down

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