Finance ❯ Consumer Debt ❯ Credit Cards

Delinquency Rates

Write-Offs Age Demographics Economic Impact

U.S. Credit Card Defaults Reach Highest Level Since 2008

A 50% surge in defaults highlights financial strain on lower-income households as inflation and high interest rates persist.

U.S. Credit Card Debt Hits Record $1.14 Trillion as Delinquencies Surge