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News@lemmy.world · 6 hours ago

A record number of consumers are making minimum credit cards payments as delinquencies also rise

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A record number of consumers are making minimum credit cards payments as delinquencies also rise

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News@lemmy.world · 6 hours ago

2

The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal Reserve report said.

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BombOmOm@lemmy.world
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26 minutes ago
If you use a credit card, pay if off every month. 20%+ interest rates are no joke.
blakenong@lemmings.world
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5 hours ago
✅ drain everyone’s bank account with higher prices.

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