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‘I see several worrying trends’: Americans are not paying off their credit-card debt. We should be concerned.

Por: MarketWatch Business May 17, 2023

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This has raised eyebrows among some observers — namely because people typically pay off their debts from the holiday season in the first quarter of the year. That did not happen. This was the first time credit-card debt had not made its customary dip between the fourth and first quarters since the end of 2000 and the beginning of 2001, New York Fed researchers said — a recession marked by the end of the “dot-com” bubble.  “Although... + full article



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