UH OH

Written by Michael E Dehn

Founder and CEO of Metro Pulse a continually running enterprise since May 1980.

October 16, 2023

JUST IN: Credit card delinquency rates continue to rise sharply, now at March 2020 levels.

The delinquency rate on credit card debt for those aged 18 to 29 is now at 9%.

For those aged 30 to 39, delinquency rates are up to 7.5%.

Delinquency rates have more than doubled from… pic.twitter.com/Xszaf6vXzi
— The Kobeissi Letter (@KobeissiLetter) October 16, 2023