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_credit-card-delinquencies-are-on-the-rise.webp "Credit Card Delinquencies , Are on the Rise.<br/>New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .<br/>In Q1 2024, delinquencies reached <br/>8.9% at an annualized rate.<br/>America hasn't seen this high of a <br/>percentage of serious credit card <br/>delinquencies since 2012, Fox News reports. .<br/>In the first quarter of 2024, credit <br/>card and auto loan transition rates <br/>into serious delinquency continued <br/>to rise across all age groups, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>An increasing number of borrowers <br/>missed credit card payments, <br/>revealing worsening financial <br/>distress among some households, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>Researchers aren't sure why delinquencies <br/>are so high since the unemployment rate <br/>is low, but they have a few theories.<br/>One of those theories is that consumers drained savings throughout the pandemic <br/>but continue to spend at high levels.<br/>Another theory is that some Americans switched to jobs with lower salaries.<br/>Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.<br/>These are all kinds of complex issues. <br/>We don't exactly know what's behind the <br/>increase of these delinquency rates. But it's <br/>definitely something that we're tracking, New York Fed researchers, via Fox Business.<br/>The average annual percentage rate for <br/>credit cards hit a record of 20.72% recently.")
_oklahoma-woman-has-money-stolen-from-two-different-unemployment-debit-cards.webp "KFOR Oklahoma's News 4")
⏲ 1 minute 38 seconds 👁 607
_oklahoma-city-woman-waiting-months-for-unemployment-only-to-have-money-drained-from-account-overnigh.webp "KFOR Oklahoma's News 4")
Oklahoma City woman waiting months for unemployment only to have money drained from account overnigh
⏲ 1 minute 45 seconds 👁 2.2K
_unemployment-payment-changes-detr-to-begin-use-of-new-way2go-debit-cards.webp "8 News Now — Las Vegas")
_frustration-over-oklahoma-unemployment-debit-card.webp "KJRH -TV | Tulsa | Channel 2")
_my-way2go-card-balance-is-360-did-i-miss-something.webp "Oklahoma Unemployment Experts")
_oklahomans-still-having-trouble-with-unemployment-debit-cards.webp "KJRH -TV | Tulsa | Channel 2")
_unemployment-benefits-update-for-oklahoma.webp "Pioneer Library System")
_oklahomans-frustrated-after-unemployment-debit-cards-disabled-flagged-for-fraud.webp "KJRH -TV | Tulsa | Channel 2")
⏲ 1 minute 42 seconds 👁 49
_hundreds-of-oklahoma-residents-gather-at-unemployment-office-after-benefits-are-unexpectedly-halted.webp "KFOR Oklahoma's News 4")
⏲ 1 minute 28 seconds 👁 812
_why-some-people-are-having-trouble-getting-unemployment-debit-cards.webp "FOX23 News Tulsa")
_doj-files-lawsuit-against-oklahoma-challenging-controversial-immigration-law.webp "KOCO 5 News")
⏲ 2 minutes 22 seconds 👁 84
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