Inflation has Americans turning to loans, credit cards to cope

Linda Hampton was already struggling to pay her credit card bills 

last year due to thousands of dollars in notary business expenditures.

Then, in mid-2021, inflation began to soar, particularly in petrol, electricity, and grocery costs.

"I simply began using my credit card for everything," Hampton says,

even when it comes to a combined electric, natural gas, 

and water bill that has more than quadrupled since 2020 and reached $864 last month.

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