Credit card companies report increased use of credit cards, yet bankruptcy filings are historically low

Credit card companies report increased use of credit cards, yet bankruptcy filings are historically low. The 2008-2012 experience teaches that consumers should not touch retirement funds to avoid the inevitable default.

https://www.msn.com/en-us/news/us/more-debt-higher-fees-credit-card-borrowers-face-mounting-burdens/ar-AA132Q1p