Americans haven’t been this worried about making their credit card payments since the pandemic ...Middle East

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By Alicia Wallace, CNN (CNN) — Americans are feeling fairly secure in their jobs, they expect to continue to earn and spend more than they did pre-pandemic, and they think inflation isn’t getting much worse, according to new survey data released Tuesday by the Federal Reserve Bank of New York. But they’re growing increasingly anxious about mounting credit card debt. Debt balances have been growing, and US consumers are nervous about whether they’ll be able to keep up: Americans haven’t been this worried about missing a minimum debt payment since April 2020. The New York Fed’s September 2024 Survey of Consumer Expectations showed that the average perceived probability of missing a mini

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Last updated : 15 October 2024 clock 07:08 PM

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Americans haven’t been this worried about making their credit card payments since the pandemic ...Middle East

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