Credit card delinquencies rise as more Gen Z cardholders are maxed out, New York Fed research shows

While credit card balances edged down in the first quarter, more borrowers still fell behind on their card payments, the Federal Reserve Bank of New York found.

May 15, 2024 - 23:04
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Credit card delinquencies rise as more Gen Z cardholders are maxed out, New York Fed research shows
While credit card balances edged down in the first quarter, more borrowers still fell behind on their card payments, the Federal Reserve Bank of New York found.