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Credit card debt reaches a record high among U.S. consumers (usf.edu)
32 points by Octokiddie on Jan 9, 2023 | hide | past | favorite | 2 comments



I don't like that they've merged "credit card debt" and "credit card balances". They bury the part about delinquencies, which is the part that matters.


They did say that debt repayments more than 60 days overdue have increased. "54% year-over-year to reach the highest default rate since 2014" isn't good.




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