US Credit Card Debt Hits All-Time High Of $930B, Delinquencies Rise

Debt from credit cards hit a record high in 2019, driven by young borrowers and aggressive spending, according to The Wall Street Journal. Despite a healthy economy and robust job market, the number of people who fell behind on payments increased.  The total balance on credit cards went up by $46 billion to $930 billion, higher … Continue reading US Credit Card Debt Hits All-Time High Of $930B, Delinquencies Rise