Credit card delinquencies surpassed pre-pandemic levels — and are approaching heights not seen in more than a decade — as high interest rates make it tougher for inflation-battered shoppers to keep ...
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Americans are drowning in credit card debt. New data published by the Federal Reserve Bank of Philadelphia shows that a growing number of Americans are struggling to make their monthly credit card ...
The percentage of credit card balances past due reached the highest levels since at least 2012, when the Federal Reserve Bank of Philadelphia started tracking the data, it said on Wednesday. That's ...
Credit card debt has notched another new high. Americans now owe $1.08 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. Balances jumped 10% from a year ago, ...
A growing number of Americans are maxed out on their credit cards. Nearly one-fifth of credit card borrowers were using at least 90% of their available credit in the first quarter of 2024. The New ...
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