Credit Card Defaults at Highest Level Since 2008

U.S. credit card defaults rose to their highest level since the wake of the 2008 Great Recession, pointing to a deterioration in lower-income consumers' financial health, the Financial Times reports.

Credit Card Defaults at Highest Level Since 2008
U.S. credit card defaults rose to their highest level since the wake of the 2008 Great Recession, pointing to a deterioration in lower-income consumers' financial health, the Financial Times reports.

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