Bidenomics Causing Credit Card Delinquencies to Soar
Facebook Twitter Flipboard Joe Biden’s disastrous economic policies are sending more Americans into economic distress and the result is a skyrocketing rate of credit card delinquencies. Americans are having a harder and harder time paying their bills and one of the first signs of distress are payments to credit cards. Per KCRA-TV: The share of […]
Joe Biden's disastrous economic policies are sending more Americans into economic distress and the result is a skyrocketing rate of credit card delinquencies.
Americans are having a harder and harder time paying their bills and one of the first signs of distress are payments to credit cards.
Per KCRA-TV:
The share of credit card debt that’s severely delinquent, defined as being more than 90 days overdue, rose to 10.7% during the first quarter of 2024, according to the Federal Reserve Bank of New York.
A year ago, just 8.2% of credit card debt was severely delinquent.
If you’re experiencing delinquency, or at risk of it, experts advise speaking with a nonprofit credit counselor and negotiating with your creditors directly. Here’s what you should know:
Biden really is destroying this country and we are all suffering for it... that's what you should know.
But if you want the station's credit tips, check out the full story at KCRA-TV.
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