Credit card delinquencies rise as more Gen Z cardholders are maxed out, New York Fed research shows
https://www.cnbc.com/2024/05/14/credit-card-delinquencies-rise-as-more-gen-zers-are-maxed-out-ny-fed.html
May 14, 2024 - While credit card balances edged down in the first quarter, more borrowers still fell behind on their card payments, the Federal Reserve Bank of New York found.
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Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
https://www.cnbc.com/2024/05/16/credit-card-balances-jump-8point5percent-year-over-year-delinquencies-rise.html
May 16, 2024 - Americans are increasingly falling behind on their credit card payments, recent reports show.
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