More Americans are maxing out their credit cards and falling behind on payments ...Middle East

Quartz - Economy
More Americans are maxing out their credit cards and falling behind on payments
A report from the Federal Reserve Bank of New York released Tuesday reveals that the portion of national credit card debt held by borrowers who have maxed out their cards is nearing pre-COVID 19 levels. And what’s more, those maxed-out borrowers are going into delinquency at a much higher rate than they were before…Read more...

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