Late Credit Card Payments at Historically Low Levels in U.S.

Although Covid may have affected some people and businesses, it is noteworthy to point out that “U.S. credit card delinquencies reached record-low levels in 2020, as Americans took advantage of stimulus checks and adjusted their spending habits” according to an American Bankers Association report.

 

Bloomberg dives deeper into this here.

 

 

 

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