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Credit card delinquencies rising in California

December 10, 2024

By KAREN VELIE

Last year, 11% of California cardholders had three months or more of delinquent credit card debt.

This year’s holiday spending is expected to push the nation’s $1.17 trillion in household credit card debt even higher—and with rising debt, cardholders are increasingly at risk of falling behind on their payments. A new analysis from Upgraded Points sheds light on credit card delinquency rates in the United States, and also broken down by state.

Credit Card Delinquency in California

  • Last year, 11% of cardholders in California had severely delinquent debt, at least 90 days overdue.
  • The average credit card debt in California was $6,842.
  • Additionally, 24.8% of California cardholders utilized more than 75% of their total credit, which can hurt credit scores and make it more difficult to secure loans or favorable interest rates in the future.

 


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But Joe Biden just said the economy is doing great…


3

“ economy is doing great…” It is.


Gop f#cks it up, tax break for billionaires for example. Then the Dems have to fix it.


Don’t take my word for it, plenty of charts available, common fact.


-8

I am so sick of liberals saying that there were tax breaks for billionaires – the truth is that every taxpayers got a tax break. However, only about 49% of us pay taxes. Everyone who paid taxes got a tax break, if you don’t pay taxes it is difficult to give a tax break to those who don’t contribute.


3

Charts please kettle? Sourced material please?

I’ll wait. Thanks.


2

That’s so cute.


No.


-6

It would take 10 planet earths for everyone on earth to sustain an American lifestyle. Aka; we are screwed!


0

And Americans are conditioned by Marketing to spend that money they don’t have.


12

Yes the share price for credit/lease to own etc companies are up, expecting higher individual debts because of trumpkins raising inflation and taxes, tariffs.


trumpy announces a 10% across the board tariff (it’s a tax), and just like that your taxes and food costs are going up up up.


-3

Americans love to spend money they don’t have.


21