Credit-card delinquencies are up as overall credit-card debt hits a record $1.08 trillion. Millennials are driving the increase.

3 comments

1. The worst part is that they’re not splurging on expensive items, or investing in themselves.

   They’re using credit cards to maintain their lifestyles which are being eroded by inflation.

   They’re buying the same amount of stuff, but going broke doing so.

   Inflation is a killer.

2. /sigh What industry are we supposedly killing now?

3. Another click bait article

   >Despite the increase in credit-card delinquencies, the total number of Americans who were behind on their credit-card bills was still below pre-pandemic levels