philadelphia fed

Share of Credit Card Accounts Past Due Hits 12-Year High
Share of Credit Card Accounts Past Due Hits 12-Year High
April 10, 2024  |  Credit Cards

A growing share of credit card accounts are past due on their payments. The Federal Reserve Bank of Philadelphia said in a Wednesday (April 10) press release that...

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Credit Card Delinquencies Near Highest Level Since 2012
Credit Card Delinquencies Near Highest Level Since 2012
January 11, 2024  |  Consumer Finance

Credit card balances and delinquencies have been rising as consumer spending remains strong, but government support drops from pandemic levels. During the third quarter, large...

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