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2. 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 ...

3. Delinquency rates at highest level in almost 30 years - AOL

   www.aol.com/finance/delinquency-rates-highest...

   Subprime borrowers held an average rate of 11.72 percent for new cars and almost 19 percent for used, according to Experian second quarter data.By comparison, the average for all borrowers was 6. ...

4. 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 ...

5. Why credit card rates remain high, even after interest rate cuts

   www.aol.com/why-credit-card-rates-remain...

   In recent years, the credit card delinquency rate has risen to 3.25%, the highest level since 2011, Federal Reserve data showed. The rise in credit card delinquency owes, in part, to a decline in ...

6. Subprime crisis background information - Wikipedia

   en.wikipedia.org/wiki/Subprime_crisis_background...

   Approximately 16% of subprime loans with adjustable rate mortgages (ARM) were 90-days delinquent or in foreclosure proceedings as of October 2007, roughly triple the rate of 2005. [20] By January 2008, the delinquency rate had risen to 21% [21] and by May 2008 it was 25%. [22]

7. Debt — and delinquencies — are on the rise for Americans

   www.aol.com/debt-delinquencies-rise-americans...

   Aggregate delinquency rates increased during the first quarter to 3.2% of outstanding debt in some stage of delinquency, the highest since the fourth quarter of 2020, according to the New York Fed ...

8. 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.

9. 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.