America’s debt crisis. Learn how credit card defaults have reached record highs and what it means for you. Discover practical tips to manage debt and protect your financial future.
Credit card defaults have surged in the U.S. to their highest levels in 14 years, with $46 billion written off this year alone. This surge, fueled by inflation and high-interest rates, is impacting millions of Americans, particularly lower-income households and younger borrowers. Learn how rising defaults affect access to loans, why interest rates remain a challenge, and practical steps to manage debt. Get insights on building an emergency fund, paying off high-interest debts, and understanding credit card trends to protect your financial future.
Credit Card Defaults Are Surging: Here’s What You Need to Know
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