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Credit card delinquency rates hit worst level since 2012 in new Fed study

Por: Fox Business Business July 25, 2024

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AFPI chief economist Michael Faulkender says prices are 18% higher in the U.S. on 'Kudlow.' A growing number of Americans are falling behind on their monthly credit card payments as they continue to battle and interest rates. New by the Federal Reserve Bank of Philadelphia shows that credit card delinquency rates in the first quarter of 2024 rose to the highest level since 2012, when the Fed began tracking the data. All stages of... + full article



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