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Credit Card Defaults At Highest Level Since 2010
- by Sarah Mahoney @mahoney_sarah, December 30, 2024
Americans are defaulting on their credit cards at the highest rate in 14 years, sending a warning signal that many family’s finances are in tatters. The Financial Times reports that through the first three quarters of 2024, banks have written off $45.7 billion, up 46% from the same period …
