Credit card delinquencies rise as more Gen Z cardholders are maxed out, New York Fed research shows – CNBC
According to one study, Americans have a total of $1.12 trillion in credit card debt. New report on household debt From the Federal Reserve Bank of New York. Credit card balances decreased by $14 billion in the first quarter of 2024, but credit card delinquency rates increased, consistent with typical spending patterns after the peak […]