Record number of consumers are making minimum credit cards payments as delinquencies rise

Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, according to a Philadelphia Federal Reserve report.

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

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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Record number of consumers are making minimum credit cards payments as delinquencies rise

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Related

'I had to get a credit card and overdraft after I lost Winter Fuel Payment'

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

U.S. craft sake breweries double in number as new consumers embrace the drink

What's the minimum credit score for a home equity loan in 2025?

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Is it legal for a credit card company to sell your delinquent debt?

How hidden credit card fees impact consumers and businesses

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