Americans are going into debt to buy groceries. Here's why those balances can be difficult to pay down

Americans have been grappling with higher food costs since 2021. To get relief, some are turning to credit cards, buy now pay later or payday loans.
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Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.