HomeMarketsU.S. Economy & JobsCredit Card Delinquency Has Doubled

Credit Card Delinquency Has Doubled

Credit card balances are up 46% from three years ago, notes Ted Rossman. He discusses the state of credit card debt in the U.S. He talks about how the credit card delinquency rate has doubled over the past two years. He highlights what rising credit card debt says about the consumer. He then looks at the takeaways from Capital One’s (COF) deal for Discover Financial (DFS). Tune in to find out more about the stock market today.

Trading 360

27 Feb 2024

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