@return2ozma to

News • 1 month ago

A record number of consumers are making minimum credit cards payments as delinquencies also rise

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A record number of consumers are making minimum credit cards payments as delinquencies also rise

@return2ozma to

News • 1 month ago

The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal Reserve report said.

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BombOmOm
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English
7•1 month ago
If you use a credit card, pay if off every month. 20%+ interest rates are no joke.
- @SoftTeeth
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  3•1 month ago
  Clearly we do not have a system where that’s as easy as it sounds.

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