May 17, 2024, 7:35 PM
May 14, 2024, 4:26 PM

New York Fed research shows that one in seven Gen Z credit card users are maxed out

Yahoo! News
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1 in 7 Gen Z credit card users are ‘maxed out’

Ariel Barnes plunged into a credit card debt spiral in college and a decade later she’s yet to escape.

CNBC
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Credit card delinquencies rise as more Gen Z cardholders are maxed out, New York Fed research shows

While credit card balances edged down in the first quarter, more borrowers still fell behind on their card payments, the Federal Reserve Bank of New York found.

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