Consumer debt tops $16 trillion as inflation fuels credit card surge.
Mandatory Credit:	Chona Kasinger/Bloomberg/Getty Images

Consumer debt tops $16 trillion as inflation fuels credit card surge.
Mandatory Credit: Chona Kasinger/Bloomberg/Getty Images

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Americans are piling up credit card debt as they struggle to keep up with the high cost of living

Americans are piling up credit card debt as they struggle to keep up with the high cost of living.