Consumer debt delinquency reached 3.6% in Q4, the highest in nearly five years, as credit card balances rose to $1.21 trillion, reflecting inflation's strain on finances.
Americans are facing unprecedented levels of household debt, with credit card balances hitting a record high. The Federal ...
Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on ...
The share of outstanding US consumer debt that’s in delinquency rose in the fourth quarter to the highest in almost five years, according to a Federal Reserve Bank of New York report.
Americans are having a harder time managing rising debt burdens and in some cases haven’t been this overextended since the ...
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