Credit card delinquencies hitting highs makes sense when wages stall and costs rise. Swiping plastic is survival and the dip means nothing.Student loans ten percent late show young folks drowning. Add auto loans and it feels like collapse.People say consumers are fine but debt spending is weakness, strength and cracks show.
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What could be the major reasons?
Credit card delinquencies hitting highs makes sense when wages stall and costs rise. Swiping plastic is survival and the dip means nothing.Student loans ten percent late show young folks drowning. Add auto loans and it feels like collapse.People say consumers are fine but debt spending is weakness, strength and cracks show.