Past Due Accounts news and trends

Share of Credit Card Accounts Past Due Hits 12-Year High

April 10, 2024
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Share of Credit Card Accounts Past Due Hits 12-Year High

April 10, 2024
A growing share of credit card accounts are past due on their payments. The Federal Reserve Bank of Philadelphia said in a Wednesday (April 10) press release that the share of accounts that were 30-plus days and 60-plus days past due in the fourth quarter of 2023 was the highest since the bank began reporting this data in […]