Are consumers taking on too much credit card debt?
Citibank reported holding $175.6 billion in consumer credit in its 2016 Q2 earnings. – Justin Sullivan/Getty Images U.S. banks are lending to consumers at the fastest rate since 2007 and the increasing debt is causing concern given the slowing economy, the Financial Times (subscription required) reported this week. Lenders issued $18 billion in debt debt for card loans…