New York
Credit card delinquencies soar past pre-pandemic levels, New York Fed says
Data from the Federal Reserve Bank of New York paints a worrying picture
A report from the Federal Reserve Bank of New York released Tuesday reveals that the portion of national credit card debt held by borrowers who have maxed out their cards is nearing pre-COVID 19 levels. And what’s more, those maxed-out borrowers are ... [1906 chars]