The Hill
US · 5 hrs ago
✦ 78✓ Factual
Credit cards: Share of balances 90-plus days late hits highest mark since 2011
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Credit card delinquency rates reached their highest level in over a decade, with more than 13% of balances 90+ days overdue in Q1, indicating potential financial stress among consumers.
Credit cards: Share of balances 90-plus days late hits highest mark since 2011
More than 13% of credit card balances were at least 90 days past due in the first quarter — the highest rate since 2011.
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