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Credit card delinquencies surge; almost 1 in 5 users maxed out: Research

Source: @BreaknNews

USA TODAY - For more and to sign up click here Aris Folley Credit card delinquencies are on the rise as new research from the New York Federal Reserve shows nearly a fifth of borrowers are “maxed-out.” In the new report, issued by the bank’s Center for Microeconomic Data, household debt was shown to have risen by 1.1 percent, or $184 billion, in the first quarter of the year, bringing the total to $17.69…

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