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You are here: Home / 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

August 8, 2023 by US Top News and Analysis

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.

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