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2. Credit card delinquencies surpass pre-pandemic levels - AOL

   www.aol.com/credit-card-delinquencies-surpass...

   Borrowers making the minimum payment on an average credit card balance of $6,000 at the average rate of 20.74% would be in debt for more than 17 years and end up paying $9,000 in interest, Rossman ...

3. Credit card debt hit $1.21 trillion. Here's why 'no one ... - AOL

   www.aol.com/credit-card-debt-hit-record...

   Collectively, Americans now owe a record $1.21 trillion on their credit cards, according to a new quarterly report on household debt from the Federal Reserve Bank of New York.

4. Credit card delinquency rates hit a nearly 12-year high - AOL

   www.aol.com/news/credit-card-delinquency-rates...

   The share of credit card balances that are past due reached the highest level ever in the first quarter, according to data the Philadelphia Federal Reserve has tracked since 2012.

5. Credit card delinquencies are rising. Here's what to do if ...

   www.aol.com/news/credit-card-delinquencies...

   The share of credit card debt that’s severely delinquent, defined as being more than 90 days overdue, rose to 10.7% during the first quarter of 2024, according to the Federal Reserve Bank of New ...

6. Credit Card Charge-Offs Rose in the First Half of 2024. Is ...

   www.aol.com/credit-card-charge-offs-rose...

   As you can see in the chart below, JPMorgan's net charge-off rate on card services bottomed out in late 2021 and early 2022. ... in higher credit card delinquency rates. JPMorgan Chase's latest ...

7. US credit card balances see largest yearly leap on record - AOL

   www.aol.com/finance/americans-debt-levels...

   The latest data also showed that the rate of households becoming delinquent or entering serious delinquency (behind by 90 days or more) on their credit cards was the highest since the end of 2011.