|
...
CNBC
CNBC
2 weeks ago

Credit card balances jumped in the second quarter and are above $1 trillion for the first time

Credit card balances jumped in the second quarter and are above $1 trillion for the first time

Credit card debt 30 or more days late rose to 7.2% in the second quarter, up from 6.5% in Q1 and the highest rate since the first quarter of 2012.