Heather Long: New from the NY Fed:
1 in 7 Gen Z credit card users is "maxed out"
1 in 10 Millennial credit card users is "maxed out"
1 in 10 Gen X credit card users is "maxed out"
Maine Public - About 8.9% of credit card balances fell into delinquency over the last year, according to the Federal Reserve Bank of New York — a sign that a growing number of borrowers are feeling the strain of rising prices and high interest rates.
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