24 Hrs
Source:
USA TODAY
_1777370193195_831968492.png&w=48&q=75){kind=small}
America Faces Credit Card Concerns
U.S. credit card debt has reached an all-time high of $1.23 trillion, with a rising delinquency rate approaching levels not seen since the Great Recession. About 13% of credit card balances were at least 90 days overdue, indicating increasing financial vulnerability among some consumers. While many Americans continue to pay their balances on time, a small segment faces significant debt challenges, compounded by rising interest rates and persistent inflation.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)