The dam is about to break as U.S. credit card loan defaults soar
- Posted on January 11, 2025
- By Bing News
- 6 Views
The dam is about to break as U.S. credit card loan defaults soar
A New York Fed researcher has raised an alarm over the sharp rise in credit card loan defaulters this year. They cautioned that the strain of Americans’ record-high consumer debt could soon reach a breaking point.
