Credit Card Delinquencies Just Hit a 12-Year High… Here’s Why

🚨 Credit card delinquencies have just hit their highest level since 2012! 🚨

Americans are struggling to keep up with their payments as credit card debt surpasses $1.2 TRILLION. With high interest rates, rising costs, and Buy Now, Pay Later traps, more people are falling behind than ever before.

📉 Key Facts:
✔️ 11.1% of credit card debt is now 90+ days overdue
✔️ Auto loan delinquencies are at their highest level in 15 years
✔️ Household debt is at an all-time high of $18 TRILLION

So… is this the start of a financial meltdown? Watch to find out!

💡 What do you think? Are we in trouble? Comment below!

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Joe Lilli
 

  • @MarcoGallo-ud8qd says:

    That’s because people are buying things that they don’t need impulse control is not there buying cars. They don’t need by a used car and save some money just saying great videos. Keep up the great work.

  • @rolandoriley says:

    This short video is all you need to know what is coming next.

  • @snap7749 says:

    Where do you get this data

  • @geraldbrown5506 says:

    If they are late on those things, won’t that eventually lead to housing?

  • @olaade2861 says:

    What is the solution to this problem, I don’t get what you are getting at.

  • @eROBINc says:

    I believe you 😢

  • @TheDanielsony says:

    Throw in deportations in your housing math

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