Older consumers – whether financially secure or not – also generally don't know what happens to credit card debt after the ...

Flows into delinquency (30 days or more late) and serious delinquency (90-plus days) held fairly steady with the fourth quarter.The first quarter typically sees a pullback in credit card debt as ...

Americans' consumer debt hit an all-time high in the Q1 2025, according to the Federal Reserve Bank of New York's "Quarterly Report on Household Debt and Credit." The report, which was released ...

“Credit card balances and interest rates remain near record highs, and Americans’ total consumer debt load is a record ... delinquency were over 40 years old, according to New York Fed ...

The latest snapshot of how economy-powering consumers are managing their debt loads was released Tuesday ... stage of delinquency were over 40 years old, according to New York Fed researchers.