“Credit card debt is above $1 trillion for the FIRST TIME EVER.”
What PolitiFact found
Numerically, West Virginia Gov. Jim Justice is right. However, focusing on the absolute value ignores that consumer debt is shrinking compared with the broader U.S. economy.
Their words, from the summary they publish with the rating.
In short
Jim Justice (West Virginia governor (R)) made this claim around 14 August 2023. PolitiFact (United States) looked into it and published its finding on 19 October 2023, 66 days later. Its rating was “Mostly True”.
Jim Justice has 11 checked claims in this archive. Fact-checking organisations rated 1 of them false or fake, 6 misleading or mixed and 3 true.
Where the claim appeared
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.