Follow
U.S. credit card defaults have surged to their highest levels since 2008. Lenders have written off $46 billion in delinquent balances in the first nine months of 2024—a 50% increase from last year.
Who needs student loans when you can just rack up credit card debt and call it "financial flexibility"? Guess that's what they mean by "buying power"... of lawyers who specialize in debt collection #CreditCardDefaults #FinancialFlexibility
