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GAINESVILLE, Fla.—The marked increase in credit cards offering 0% interest rates deserves the attention of credit unions, says one expert, who adds the new breed of plastic could steal niche business from CUs and even grab bigger share of younger cardholders.

SALT LAKE CITY, Utah–More than half of Americans (62%) say their credit card debt has increased since the beginning of the pandemic, with 52% saying they’ve increased their credit limits to support their growing spending habits, according to a new survey by Business.org.