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Newly delinquent credit card users now top pre-pandemic levels: New York Fed

Nov 16, 2023 | Uncategorized | 0 comments

As U.S. credit card balances continue to march above $1 trillion, the number of newly delinquent credit card users now exceeds the pre-pandemic average and millennials and those with student or auto loans are driving the increase in past-due payments, the New York Fed said.

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