Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down

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Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down

https://www.cnbc.com/2024/05/20/americans-are-going-into-debt-to-buy-groceries-research-finds.html

Americans have been grappling with higher food costs since 2021. To get relief, some are turning to credit cards, buy now pay later or payday loans.

Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down