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These are the states where the most adults report relying on credit cards to cover basic living costs. Pintau Studio / Shutterstock.com
Editor’s Note: This story originally appeared on Upgraded Points. The combination of high interest rates and rising costs has put American households in a challenging position. Nearly 70% of people report they are finding it difficult to pay for basic living expenses — up from less than 50% in May 2021. At the same time, more and more Americans have turned to their credit cards.
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