Economy

Credit card delinquency rising among young adults: Report

By Misty Severi
Published May 16, 2023 8:58pm ET
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Credit card delinquency rising among young adults: Report
Credit card delinquency rates have risen for adults age 18-39, according to a new report from Moody’s Investors Service. The delinquency rate rose to 8.3% for young adults ages 18-29, an increase of over 3% from last year when the rates were 5.1%, but it is still lower than before the pandemic. Among those aged […]

Credit card delinquency rates have risen for adults age 18-39, according to a new report from Moody’s Investors Service.

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Credit Cards Debt Federal Finance Money Student loans