Coloradans are getting squeezed by credit cards while trying to navigate high costs

About a third of Americans report using high-interest credit cards for everyday expenses as costs continue to rise.

By: Ali Besharat, University of Denver, The Conversation

Outlets: The Conversation

Published: June 4, 2026

Words: 1,135

Last Updated: 1 month, 2 weeks ago


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By Ali Besharat, University of Denver

Colorado’s breathtaking landscapes are increasingly overshadowed by breathtaking bills. Despite a high-growth economy, many households face a concerning paradox. Expenses are rising, but wages have not kept pace. To fill the gap, many families now rely on high-interest credit cards.

Credit cards were once for extra purchases. Now, for some people, they are a vital safety net. Many people rely on revolving debt, which moves …

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