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Dream Chaser ⚡️🐆 2y ago

69% of Americans had a credit card in the second quarter of 2023, up from 65% in December 2019 and 59% in December 2013, per NY Fed.

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TahToh 2y ago

RUH ROH. Consumer debt crisis on the horizon? Credit card delinquencies (+90 days) are also on the rise (but not yet at 2008 levels).

Looks like folks funded lifestyles on credit during the '20-'22 pandemic. With interest rates rising...this can't be good.