A record number of Americans are only making their minimum credit card payment

fortune.com/article/record-americans-minimum-credit-card-payment

Over 11% of Americans with accounts at the country’s largest banks only made the minimum payment on their credit card bill in the fourth quarter of 2024, a record since the Federal Reserve Bank of Philadelphia began tracking the number 12 years ago. Lower-income consumers have been under…

This story appeared on fortune.com, 2025-04-29 12:07:00.
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