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Home > Marketplace Morning Report > A jump in credit card defaults
Podcast: Marketplace Morning Report
Episode:

A jump in credit card defaults

Category: Business
Duration: 00:10:07
Publish Date: 2025-03-11 15:18:03
Description:

Americans took on an additional $74 billion in credit card debt last year, according to WalletHub, which is actually a smaller increase than we saw in 2023. But in 2024, Americans defaulted on $59 billion in credit card debt — a 34% jump from 2023. We’ll hear more. Also on the show: China’s deflation woes, a major crypto heist tied to North Korea and the market ripple effects of continued uncertainty.

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