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Author Topic: Debt Crisis Looms as Record Number of Americans Fear Missing Payments, Reaching Highest Level Since  (Read 603 times)

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Offline rangerrebew

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Debt Crisis Looms as Record Number of Americans Fear Missing Payments, Reaching Highest Level Since
« on: October 18, 2024, 06:00:04 am »

Financial Freedom Countdown
Debt Crisis Looms as Record Number of Americans Fear Missing Payments, Reaching Highest Level Since 2020
Story by John Dealbreuin • 17h
Markets today
 
The Biden Administration Cracks Down on Late Fees as Credit Card Delinquencies Soar
 
On Tuesday, March 5th 2024, federal regulators implemented a new rule setting a maximum limit of $8 for most credit card late fees, marking a significant step in the Biden administration's campaign to abolish unnecessary charges. The implementation of this rule coincides with the ongoing trend of Americans accumulating credit card debt, a figure that has recently surpassed a record-breaking $1.1 trillion.

https://www.msn.com/en-us/money/markets/debt-crisis-looms-as-record-number-of-americans-fear-missing-payments-reaching-highest-level-since-2020/ss-AA1srXyV?ocid=msedgdhp&pc=HCTS&cvid=0c5dcec238044370832c943905c2d69e&ei=23#image=1
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline GtHawk

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Re: Debt Crisis Looms as Record Number of Americans Fear Missing Payments, Reaching Highest Level Si
« Reply #1 on: October 18, 2024, 04:33:01 pm »
Please, someone put Aunt Clara in a nursing home and out of our misery.

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