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Credit Card Defaults Soar To 14-Year High As Bidenomics Continues To Crush Americans — IJR News

Credit Card Defaults Soar To 14-Year High As Bidenomics Continues To Crush Americans

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Credit Card Defaults Soar To 14-Year High As Bidenomics Continues To Crush Americans

1 source·Updated Jul 1, 2026

Americans defaulted on their credit card loans at levels not seen since 2010, the Financial Times reported Monday. Credit card lenders wrote off $46 billion in seriously delinquent loan balances in the first nine months…

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Last updatedJul 1, 2026

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