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Generation Z credit-card debt soars 52% — but these experts claim that may not be a bad thing. Here's why.

Por: MarketWatch Business August 11, 2023

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Total credit-card balances reached a record $963 billion in the second quarter, a 17.4% increase from $821 billion last year. The delinquency rate for loans past due for more than 90 days for credit cards was approximately 2.1% in the second quarter, up from 1.6% last year, although down slightly from the first quarter of 2023. Separately, Americans’ collective credit-card bill rose to $1.03 trillion from $986 billion in the first quarter,... + full article



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