Credit card strain rises: study
As consumers spend more monthly on their credit cards, some cardholders are carrying hefty balances, a J.D. Power analysis found.
As consumers spend more monthly on their credit cards, some cardholders are carrying hefty balances, a J.D. Power analysis found.
BELLINGS Intelligence Score: 28
Why it matters
Rising credit card strain signals growing consumer credit stress, which is relevant for credit-market professionals but is a routine economic indicator rather than a direct market-moving event.
Sources
Payments Dive
Credit card strain rises: study
As consumers spend more monthly on their credit cards, some cardholders are carrying hefty balances, a J.D. Power analysis found.