[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

"225,000 Ukrainians have now DESERTED the war" Ukraine is in a death spiral Col. Dan Davis The New York Times Finally Stops Avoiding The G-Word The Gaza Water Massacre: What Israel Just Confessed About Shooting Children Powerful ERUPTION spit out volcanic mud and debris - Army Personnel ran for their lives Another 'Conspiracy Theory' Comes True: California Bill Passes To Buy Fire-Ravaged Palisades For Low-Income Apartments A 1,600-year-old church in the Holy Land has been torched. But not by ISIS. More civilians have been killed while seeking aid in Gaza than were killed on 7 October. MORE TRANS VIOLENCE WAYNE ROOT: Here’s How Trump Turns the Epstein List Fiasco into Home Run Maxwell Says Epstein Client List Implicates Top Democrats Medical Record Review Of the Twins Who Died After Vaccination New federal secrets exposed as Republican unravels Lee Harvey Oswald's hidden ties to CIA Protest outside migrant hotel in Essex erupts into violence Congressman Faces Eviction Over $85k Back-Rent For Luxury DC Penthouse This Is Not Normal! We Just Had Four “1-In-1,000-Year Storms” In A Single Week! Dr. Fauci referred to top prosecutor for criminal charges after bombshell Biden autopen pardon revelation Panama hit by 6.2 magnitude earthquake Why Labour REALLY Supports Genocide Police Name Brigitte Macron as 'Suspect' in Murder of Doctor Who Exposed Transgender Past The Treasury General Account Refill will Force the Fed to Cut Rates and Restart QE Silver surges above $39 for the first time since the first US downgrade in Aug 2011. Breaking Ukraine’s Backbone: Russia’s Offensive Severing Strategic Supply Routes Tucker Carlson: Hunting with Dogs is Transcendent Earthquake Swarms Increasing ! Islands Pulled 4 INCHES APART -Unprecedented Project Veritas: Text Messages Show Secret Service Agent Disclosing Operational Details to Stranger, Chinese Drug Cartels Taking Oer Maine Due to lax Immigration Rules Bitcoin Bitcoin hits new high above $120,000 as U.S. lawmakers begin ‘Crypto Week’ How I Reversed an "Irreversible" Condition With Stem Cell Therapy Trump's Missile Deal $$$$ Christmas Bells - A Christmas Carol's Civil War Origin

National News
See other National News Articles

Title: Americans drowning in interest as 11.1% make only minimum payments
Source: [None]
URL Source: https://citizenwatchreport.com/amer ... -1-make-only-minimum-payments/
Published: May 7, 2025
Author: Horse
Post Date: 2025-05-07 11:00:57 by Horse
Keywords: None
Views: 185

Credit card debt in America is reaching dangerous levels. The percentage of cardholders making only minimum monthly payments has surged to 11.1%, the highest rate in 12 years. This alarming trend signals growing financial distress, as more consumers struggle to keep up with rising costs and high interest rates. This is a warning sign that millions are teetering on the edge of financial ruin.

The Federal Reserve Bank of Philadelphia released data showing that credit card delinquencies are also climbing, with accounts three months or more past due hitting record highs. The average credit card interest rate now stands at 21.37%, making it nearly impossible for minimum payers to escape the cycle of debt. At these rates, a $5,000 balance could take decades to pay off, with borrowers shelling out thousands in interest alone.

Inflation has played a major role in pushing Americans deeper into debt. While the Fed has managed to bring inflation down to 2.4%, wages have not kept pace with rising costs. Many households are relying on credit cards just to cover basic expenses. A recent survey found that one in three Americans is using credit to make ends meet, with many maxing out their cards in response to higher prices. This is not reckless spending. It is survival.

Poster Comment:

Trump ends virus research funding

US President Donald Trump has issued an executive order restricting federal funding for “gain-of-function” research into viruses and other biological agents in the US and abroad, including China.

”Gain-of-function” or “dual use” studies have been gaining controversy after the COVID-19 pandemic. Trump has suggested that a lab leak in Wuhan, China, where US-funded research was based, was the source of the outbreak that brought the world to a standstill.

Beijing has denied the claims and accused Washington of trying to smear China.

https://swentr.site/news/616856-trump-us-virus-research/

Post Comment   Private Reply   Ignore Thread  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]