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✓ Published: 17-Apr-2024
👁 View: 685K times
✓ Published: 17-Apr-2024
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Credit card balances spiked by nearly $50 billion (4.6%) in the later half of last year and credit card delinquencies rose as well. This is in large part, per New York Fed researchers, because Americans are cash-strapped due to higher prices for everything from groceries and rent to clothing and travel.
Credit card balances spiked by nearly $50 billion (4.6%) in the later half of last year and credit card delinquencies rose as well. This is in large part, per New York Fed researchers, because Americans are cash-strapped due to higher prices for everything from groceries and rent to clothing and travel.
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