Credit Card Delinquencies Reach Grim Milestone As Inflation Continues To Crush Americans

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Credit Card Delinquencies Reach Grim Milestone As Inflation Continues To Crush Americans

1 sourceUpdated Jul 1, 2026

Credit card delinquencies reached the highest level since at least 2012 as Americans continue to grapple with high inflation and interest rates, according to a report from the Federal Reserve Bank of Philadelphia…

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