Per CNBC
Credit card delinquency rates have increased .16% from its previous 5.32% in America with individuals aged 18 to 29 having a 76% higher delinquency rate compared to other groups at 9.36%.
Americans aged 50 and over have a delinquency rate below 5%. Credit card debt reached a close-to-a-trillion all-time high at $930 billion, surpassing the $870 billion peak during the financial crisis of 2008.
