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December 15. 2023 Dear Ed, My name is Alex Carter, and I am writing to you because I, like millions of Americans, am deeply concerned about the climbing rates of credit card debt that have been sweeping across our country. In 2024, we reached an alarming milestone with the total credit card balance hitting $1.079 trillion, according to the Federal Reserve Bank’s data. This staggering figure leaves me, and many others, pondering how we’ve found ourselves in such a precarious financial state and what it signifies for the ordinary individual trying to make ends meet. I remember when credit cards…