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Author Topic: Debt Crisis Looms as Record Number of Americans Fear Missing Payments, Reaching Highest Level Since  (Read 717 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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"A great civilization is not conquered from without until it has destroyed itself from within. " -- Ariel Durant

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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