True, but that doesnt mean all of those people are unable to pay back the money. I would say that claim is closer to being true for about half of them.

That figure is a bit misleading. Its not people who are always in debt, its people who “carried a balance at least once in the prior 12 months.” According to same Fed report, only 22% carry a balance “most or all of the time.” Other half probably racked up debt after a large purchase and paid it off within a month or two.

I m not trying to negate the overall point that credit cards can be set up in a predatory manner. But that point still stands even if the number of people who are always in debt is smaller than the headline figure suggests.