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News@lemmy.world · 14 days ago

A record number of consumers are making minimum credit cards payments as delinquencies also rise

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aboringdystopia@lemmy.world

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A record number of consumers are making minimum credit cards payments as delinquencies also rise

return2ozma@lemmy.world to

News@lemmy.world · 14 days ago

3

cross-posted to:
aboringdystopia@lemmy.world

The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal Reserve report said.

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BombOmOm@lemmy.world
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14 days ago
If you use a credit card, pay if off every month. 20%+ interest rates are no joke.
- SoftTeeth@lemmy.world
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  Clearly we do not have a system where that’s as easy as it sounds.

News@lemmy.world

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