Skip to content

Inflation, High Interest Rates Put Borrowers on Shaky Ground 

Published on July 26, 2024

American borrowers continue to grapple with rising prices and higher borrowing costs across all types of consumer debt. More Americans are carrying credit card balances month-to-month, with minimum payments rising with interest rates. Credit card delinquency rates have increased, especially for borrowers utilizing more than 60% of their available credit. 

Read More