US Credit Card Debt To Top $1T By Year End: WalletHub

American consumers racked up $34.4 billion in credit card debt during the second quarter, representing the largest second-quarter accumulation since at least 1986, and are on track to rack up $1 trillion by the year’s end, the personal finance website WalletHub said today.

WalletHub, CardHub Release Personal Finance Studies

With a potential rate hike on the horizon and “uninspiring” domestic data and global turmoil mucking up the mix, personal finance cites WalletHub and CardHub today released a pair of studies aiming to help consumers figure out where to best park their cash.