 Delinquency rates are returning to pre-pandemic levels  Consumer debt is just 6% of total deposits Americans have in their bank accounts

Credit Card Markets: Back in Business – Consumers Debt Soars. According to Cassandra Cassidy a writer for the Economy portion of Morning Brew, booming credit card debt is the result of higher prices caused by inflation, rising interest rates, and strong consumer confidence, as well as 24 million new credit cards issued in the last [...]