if you find yourself with a big credit card bill what should you do wallet hub's jill gonzales, thanks for being here. >> thanks for having me. >> americans are nearing a all-time record for credit card debt what do you think this is? is this a sign of consumer confidence is it a good thing does it mean wear are all getting over our heads at this point? >> the trillion-dollar mark in terms of debt is not a good thing. yes, we have a lot of consumer confidence obviously the economy is in much better shape than it was pre-recession, but these spending levels are reaching the unsustainable heights that they were in q4 of 2007 something's got to give. >> where were we then, where are we now, how do you break this down looking at the whole amount, per capita >> the whole amount, $980 billion in q4 2007 now the trillion-dollar mark for the first time ever. that's collectively. per household back then, around $8,400 now we're at the $8,600 mark we've already seen the delinquency rates start to creep up at the end of 2017. >> what does this tell us, and how can we address it, i guess the other