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_credit-card-delinquencies-are-on-the-rise.webp "Credit Card Delinquencies , Are on the Rise.<br/>New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .<br/>In Q1 2024, delinquencies reached <br/>8.9% at an annualized rate.<br/>America hasn't seen this high of a <br/>percentage of serious credit card <br/>delinquencies since 2012, Fox News reports. .<br/>In the first quarter of 2024, credit <br/>card and auto loan transition rates <br/>into serious delinquency continued <br/>to rise across all age groups, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>An increasing number of borrowers <br/>missed credit card payments, <br/>revealing worsening financial <br/>distress among some households, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>Researchers aren't sure why delinquencies <br/>are so high since the unemployment rate <br/>is low, but they have a few theories.<br/>One of those theories is that consumers drained savings throughout the pandemic <br/>but continue to spend at high levels.<br/>Another theory is that some Americans switched to jobs with lower salaries.<br/>Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.<br/>These are all kinds of complex issues. <br/>We don't exactly know what's behind the <br/>increase of these delinquency rates. But it's <br/>definitely something that we're tracking, New York Fed researchers, via Fox Business.<br/>The average annual percentage rate for <br/>credit cards hit a record of 20.72% recently.")
_cycling-track-women39s-team-pursuit-finals-full-replay-london-2012-olympic-games.webp "Olympics")
⏲ 27 minutes 10 seconds 👁 134.5K
_cycling-track-men39s-team-pursuit-gold-medal-finals-gbr-v-aus-full-replay-london-2012-olympics.webp "Olympics")
⏲ 5 minutes 33 seconds 👁 684.8K
_paris-2024-olympics-promises-versus-reality.webp "In 2016, Paris' bid for the 2024 Olympics boasted lofty ambitions. But as the city counts down the days until the opening of the Games, many of these promises have fallen through.")
_team-gb-win-cycling-team-sprint-gold-hoy-hindes-amp-kenny-124-london-2012-olympics.webp "Olympics")
⏲ 10 minutes 36 seconds 👁 236.3K
_usa-united-kingdom-great-britain-2012-london-olympics-men39s-basketball-exhibition-hd-720p.webp "World Basketball")
⏲ 1 hour 37 minutes 28 seconds 👁 358.8K
_what-makes-ex-blackpool-loanee-jordan-rhodes-special.webp "Jordan Rhodes' former Huddersfield teammate Peter Clarke discusses what makes the striker special following his successful loan spell at Bloomfield Road. <br/><br/>The defender reflects on how the striker is still replicating what he did when he helped the Terriers to promotion in 2012.")
_the-best-of-team-gb-124-london-2012.webp "Team GB")
_andy-murray-wins-olympic-gold-medal-v-roger-federer-124-london-2012-olympics.webp "Olympics")
⏲ 2 hours 22 minutes 44 seconds 👁 592.5K
_uk-inflation-was-39inevitable39-says-former-fed-chair.webp "<p>Former US Federal Reserve chairman Ben Bernanke says that the \")
_men39s-water-polo-preliminary-round-gbr-v-usa-124-london-2012-olympics.webp "Olympics")
⏲ 1 hour 6 minutes 44 seconds 👁 35.5K
_trott-wins-women39s-omnium-gold-500m-time-trial-124-london-2012-olympics.webp "Olympics")
⏲ 31 minutes 10 seconds 👁 141.1K
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