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International Business Times
International Business Times
National

As Prices Rise, Americans Increasingly Turn To Credit To Buy Food

People are using credit cards to pay for groceries.

Americans are increasingly struggling to pay for groceries, with many households resorting to credit cards or savings to buy food, a new report found.

The report by the Urban Institute found that about 63 percent of working-age adults have used a credit card to buy food. Of those, 19.6 percent did not pay the full balance but did make minimum payments. Another 8.7 percent were not even able to make minimum payments.

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