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Fed Data Shows Card Balances Decline in Q1, but 90-Day Delinquencies Surge
pymnts.com/debt/2025/federal-reserve-data-shows-card-balances-decline-q1-90-day-delinquencies-surge
The latest data on household debt from the Federal Reserve Bank of New York, released Tuesday (May 13), indicated that consumers paid down some of their credit card debt in the first quarter of 2025.
But late-stage delinquencies on that revolving debt surged year over year. Student loan…
This story appeared on pymnts.com, 2025-05-13 21:13:02.