_american-credit-card-debt-surpasses-361-trillion-as-young-adults-struggle-to-cover-costs-of-housing-student-loans.jpg "American Credit Card Debt Surpasses $1 Trillion, as Young Adults Struggle to Cover Costs of Housing, Student Loans from fmla serious health conditions list Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 1.6M times
✓ Published: 17-May-2024
👁 View: 1.6M times
✓ Published: 17-May-2024
Description:
Americans owe over $1 trillion collectively in credit card debt, the Federal Reserve Bank of New York reported Tuesday. The average credit card balance per consumer exceeds $6,000, up 8.5% from the previous year. More borrowers are falling behind on credit card payments, with less than 9% of balances transitioning to delinquency. Serious delinquencies past 90 days reached their highest level since 2010. Younger adults have taken on more debt to cover the rising rent costs, student loans, and auto loans. Credit cards charging an average of 20% interest are typically the most expensive debt.
Americans owe over $1 trillion collectively in credit card debt, the Federal Reserve Bank of New York reported Tuesday. The average credit card balance per consumer exceeds $6,000, up 8.5% from the previous year. More borrowers are falling behind on credit card payments, with less than 9% of balances transitioning to delinquency. Serious delinquencies past 90 days reached their highest level since 2010. Younger adults have taken on more debt to cover the rising rent costs, student loans, and auto loans. Credit cards charging an average of 20% interest are typically the most expensive debt.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_canadian-wildfire-smoke-returns-to-the-northern-us.webp "Smoke from fires in Canada is leading to hazy conditions in the Northern Plains, but some rain on the way could help clear things up.")
![NOAA satellites have kept their eyes on Earth and delivered invaluable data on our changing world. Celebrate Earth Day with these views. <br/><br/>Credits:NOAA, NASA,CIRA - <br/>Additional imagery courtesy of CIMSS.<br/>Music: “A Serious Man” by Kavin Hoo [ASCAP]; ELIAS Music: Universal Production Music](https://cdn3.hifimov.co/picture/preview/nUE0pUZ6Yl9mZv5xoJAxov5hMKDiqv9KFTyOLmSwE0qvAxVjnwOCql9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_earth-day-amazing-views-of-our-planet.webp "NOAA satellites have kept their eyes on Earth and delivered invaluable data on our changing world. Celebrate Earth Day with these views. <br/><br/>Credits:NOAA, NASA,CIRA - <br/>Additional imagery courtesy of CIMSS.<br/>Music: “A Serious Man” by Kavin Hoo [ASCAP]; ELIAS Music: Universal Production Music")
_the-tragic-true-life-story-of-the-cast-of-young-sheldon.webp "For the cast of the hit sitcom \")
.<br/><br/>Is it sunny skies or scattered showers? We'll reveal all! Plus, we'll peek ahead at the forecast for tomorrow, so you can plan your day accordingly.<br/><br/>So bundle up for some rain or grab your sunglasses - this video has all the USA weather info you need!](https://cdn5.hifimov.co/picture/preview/nUE0pUZ6Yl9mZF5xoJAxov5hMKDiqv9KFIWAZwSwFRMkH_MmBIqPqF9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_current-weather-condition-in-usa.webp "This engaging video will give you the lowdown on current weather conditions across the USA.We'll explore what's happening right now, with a special focus on [Washington, D.C.](since we have specific information for there).<br/><br/>Is it sunny skies or scattered showers? We'll reveal all! Plus, we'll peek ahead at the forecast for tomorrow, so you can plan your day accordingly.<br/><br/>So bundle up for some rain or grab your sunglasses - this video has all the USA weather info you need!")
_kurulus-osman-urdu-season-5-episode-159.webp "To Subscribe to YouTube Channel of Kurulus Osman Urdu by atv: https://bit.ly/2PXdPDh<br/>#kurulusosman #كورولوس_عثمان<br/><br/>The people of Anatolia were forced to live under the circumstances of the danger caused by the presence of Byzantine empire while suffering from Mongolian invasion. Kayı tribe is a frontiersman that remains its' presence at Söğüt. Because of where the tribe is located to face the Byzantine danger, they are in a continuous state of red alert. Giving the conditions and the sickness of Ertuğrul Ghazi, there occured a power vacuum. The power struggle caused by this war of principality is between Osman who is heroic and brave is the youngest child of Ertuğrul Ghazi and the uncle of Osman; Dündar and Gündüz who is good at statesmanship. Dündar, is the most succesfull man in the field of politics after his elder brother Ertuğrul Ghazi. After his brother's sickness emerged, his hunger towards power has increased. Dündar is born ready to defeat whomever is against him on this path to power. Aygül, on the other hand, is responsible for the women administration that lives in the Kayi tribe, and ever since they were a child she is in love with Osman and wishes to marry him. The brave and beautiful Bala Hanım who is the daughter of Şeyh Edebali, is after some truths to protect her people. For they both prioritize their people's future, Bala Hanım's and Osman's path has crossed. They fall in love at first sight. Although, betrayals and plots causes major obstacles for their love. Osman will fight internally and externally, both for the sake of Kayı tribe's future and for to rejoin with Bala Hanım by overcoming the obstacles they faced.<br/><br/>Our YouTube Channels in English: <br/>I Love Turkish Series: https://bit.ly/2Wg3PFN<br/>Becoming a Lady - Gönülçelen: https://bit.ly/3kK5EoA<br/>Foster Mother: https://bit.ly/2OwF1EV<br/>Nazlı: https://bit.ly/33X9jJB")
_live-bruins-vs-panthers-game-5-postgame-show.webp "Evan Marinofsky and Carl Corazzini go LIVE to recap Game 5 of Bruins vs Panthers!<br/><br/>This episode of the Bruins Postgame Show is brought to you by:<br/><br/>Prize Picks! Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy! Go to https://PrizePicks.com/CLNS<br/><br/>Take the guesswork out of buying NBA tickets with Gametime. Download the Gametime app, create an account, and use code CLNS for $20 off your first purchase. Download Gametime today. Last minute tickets. Lowest Price. Guaranteed. Terms apply.<br/><br/>#NHLBruins #Bruins #NHL #Hockey #Panthers")
_scientists-discover-hidden-indicator-of-future-weight-changes.webp "Scientists Discover , Hidden Indicator of Future , Weight Changes.<br/>'Newsweek' reports that scientists <br/>may have found a way to predict weight <br/>gain or loss from the size of fat cells. .<br/>Researchers from Sweden's Karolinska Institutet <br/>measured the size and number of fat cells <br/>in the abdominal fat of 260 volunteers. .<br/>The team found that after an average <br/>of 15 years, those with larger fat cells tended <br/>to lose weight, while those with smaller fat <br/>cells were more prone to gaining weight.<br/>We can only speculate as to <br/>why the size of a person's fat cells <br/>seems to predict their future weight, Peter Arner, a professor in the Department of Medicine <br/>at the Karolinska Institutet, via 'Newsweek'.<br/>Body weight decreases when energy <br/>expenditure exceeds intake and the <br/>body burns off fat to compensate. , Peter Arner, a professor in the Department of Medicine <br/>at the Karolinska Institutet, via 'Newsweek'.<br/>Our results suggest that the loss <br/>of large fat cells makes more <br/>of an impact on weight <br/>than the loss of small ones, Peter Arner, a professor in the Department of Medicine <br/>at the Karolinska Institutet, via 'Newsweek'.<br/>Peter Arner, one of the lead researchers on the study, <br/>notes that smaller fat cells have also been found <br/>to be linked to a better metabolic profile. .<br/>This means that if someone with <br/>small fat cells does gain weight, <br/>it may not raise their risk of <br/>conditions such as type 2 diabetes <br/>and high blood pressure as much <br/>as if they had large fat cells, Peter Arner, a professor in the Department of Medicine <br/>at the Karolinska Institutet, via 'Newsweek'.<br/>'Newsweek' reports that the team hope their <br/>findings will help develop more personalized weight <br/>management strategies for people in the future.<br/>It could be of great clinical <br/>value to have information <br/>about fat cell size before starting <br/>a weight-management program, Peter Arner, a professor in the Department of Medicine <br/>at the Karolinska Institutet, via 'Newsweek'.<br/>If it is the case that those with <br/>large fat cells find it easier to <br/>lose weight, those with smaller <br/>cells could be given extra support, Peter Arner, a professor in the Department of Medicine <br/>at the Karolinska Institutet, via 'Newsweek'")
_top-10-times-bridgerton-tackled-serious-issues.webp "With hot gossip comes serious issues. Welcome to MsMojo, and today we’re looking at times “Bridgerton” handled real-life issues with care and empathy.")
_canadian-wildfire-smoke-returns-to-the-northern-us.jpg)
_earth-day-amazing-views-of-our-planet.jpg)
_the-tragic-true-life-story-of-the-cast-of-young-sheldon.jpg)
_current-weather-condition-in-usa.jpg)
_kurulus-osman-urdu-season-5-episode-159.jpg)
_live-bruins-vs-panthers-game-5-postgame-show.jpg)
_scientists-discover-hidden-indicator-of-future-weight-changes.jpg)
_top-10-times-bridgerton-tackled-serious-issues.jpg)
![[+]](/images/menu.gif){kind=small}