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DeepNewz, mobile.
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The rise in US credit card debt delinquencies is a concerning trend despite signs of a healthy consumer market. Consumers are increasingly relying on credit cards to survive, with a significant percentage facing late fees. Reports indicate a growing number of people falling behind on credit card payments.
Credit card delinquencies are starting to go vertical https://t.co/QcBcMdmbDF
A survey found that 37% of Americans got charged a late fee over the past year. It underscores other reports that show more people are falling behind on credit card debt. https://t.co/BI905kLZll
The survey’s findings underscore what other recent reports have shown: more people are falling behind on their credit card debt. https://t.co/N32L5pbc0n