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"path": "/lower-income-americans-are-drowning-in-credit-card-debt/?utm_source=rss&utm_medium=rss&utm_campaign=lower-income-americans-are-drowning-in-credit-card-debt",
"publishedAt": "2026-05-13T02:27:55.000Z",
"site": "https://thedeepdive.ca",
"tags": [
"Latest",
"Macro",
"credit card delinquencies",
"US household debt",
"Lower-Income Americans Are Drowning in Credit Card Debt",
"the deep dive"
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"textContent": "On the surface, the Federal Reserve Bank of New York’s Q1 2026 household debt report delivered good news on credit cards: balances fell $25 billion to $1.25 trillion, and the early delinquency rate ticked down from 8.7% to 8.6%. A seasonal paydown after holiday spending, delinquency trends are moving in the right direction. The surface […]\n\nThe post Lower-Income Americans Are Drowning in Credit Card Debt appeared first on the deep dive.",
"title": "Lower-Income Americans Are Drowning in Credit Card Debt"
}