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2. Record number of consumers are making minimum credit cards ...

   www.aol.com/record-number-consumers-making...

   Along with the trend in minimum payments came a move higher in delinquency rates. The share of card holders more than 30 days past due rose to 3.52%, an increase from 3.21%, for a gain of more ...

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

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

   At the same time, credit card delinquency rates “remained elevated,” the New York Fed researchers found — with 7.18% of balances transitioning to delinquency over the last year. That uptick ...

4. 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. ... This stress has resulted in higher credit card delinquency rates ...

5. 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 ...

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

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

   Credit card delinquency rates hit a nearly 12-year high. Davis Giangiulio. July 24, 2024 at 3:46 PM. People are struggling to pay off their credit card debt even as many trim their spending.

7. Americans owe a record $1 trillion in credit card debt - AOL

   www.aol.com/finance/americans-owe-record-1...

   According to the New York Fed, the youngest Americans (18 to 29) had the highest credit card delinquency rates in the first quarter of 2023. At least 8.5% were at risk of slipping 90+ days behind ...