Doomstead

Doomscroll Comments => American Capitalism => Topic started by: RE on Aug 12, 2026, 03:38 AM

Title: Credit card debt rises to $1.26 trillion, nearing all-time record
Post by: RE on Aug 12, 2026, 03:38 AM

ABCNEWS.COM2026-08-11

Credit card debt rises to $1.26 trillion, nearing all-time record

Many households are also behind on their card payments.  The percentage of credit card balances that were more than 90 days delinquent rose from 7.6% to 12.8% from mid-2022 through early 2026.


We're barely into the 3rd Quarter.

How long can people last on VISA?

RE