Credit Card Debt Surges to Record Highs | Phoenix News

Credit card debt is surging, hitting $1.26 trillion with a $21 billion spike in Q2 — the highest delinquency rates since the Great Recession, as 12.8% of balances now past due 90 days. While overall household debt dipped, credit card debt climbs steadily, and though new defaults haven’t spiked, existing struggles are mounting — time to review your finances and consider rate negotiation or balance transfers for relief. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c09670e318324440