Payments

Credit card balances are sky-high and a tenth of consumers are locked into persistent debt

  • Credit card balances have hit a new high of $1.079 trillion, rising $154 billion from last year.
  • Delinquencies are also rising in tandem, and a tenth of consumers are locked in persistent debt.
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Credit card balances are sky-high and a tenth of consumers are locked into persistent debt

 


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