A record number of consumers are making minimum credit cards payments as delinquencies also rise
submitted by
return2ozma@lemmy.world

www.cnbc.com/2025/01/22/minimum-payments-on-cre…
✅ drain everyone’s bank account with higher prices.
If you use a credit card, pay if off every month. 20%+ interest rates are no joke.
Clearly we do not have a system where that's as easy as it sounds.