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Credit cards used to be a convenience. Now they’re a necessity for millions of Americans relying on taking on debt for groceries, gas, and other daily essentials — all while facing the highest interest rates in decades and the lingering effects of historic inflation.

This financial pressure is especially acute for younger generations, who are navigating the early stages of their financial lives in a particularly unforgiving economic climate.

Younger Americans are more likely to overuse their credit cards and rack up lasting debt for several key reasons. They are earlier in their careers with less accumulated savings to fall back on, and they face a particularly challenging job market for entry-level workers . The fact that federal student loan

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