Tuesday, 11 August 2020

Millions of Americans are worried they won't be able to make even the minimum payments on their credit cards.

Millions of Americans are worried they won't be able to make even the minimum payments on their credit cards.

Amid one of the worst downturns in U.S. history, nearly 80% of credit card holders say they’re worried they won’t be able to continue making even the minimum payments on their debt. The figure comes from a survey by CreditCards.com, which found millennial card holders (91%) are most at risk of missing payments. Meanwhile, 1 in 4 people say the pandemic has pushed them to take on more credit card debt.
Read more: https://www.cnbc.com/2020/08/09/nearly-80percent-of-credit-card-holders-are-worried-about-making-payments.html?source=Snapzu

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