Credit card defaults are rising aggressively for all age brackets

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  • Broad Increase in Credit Card Delinquency:
  • Credit Card Debt in Delinquency:
    • The percentage of U.S. credit card debt in delinquency has also risen.
    • The richest 10% of ZIP codes saw their delinquency rate climb from 4.8% in Q2 2022 to 7.4% in Q1 2024—a relative increase of 54%.
  • Total Consumer Debt and Interest Rates:
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