Credit card debt is on the rise, and so are late payments. “Americans are missing credit card payments at the highest rate in a decade” (Business Insider). That’s 3.2% of card balances that were at least 30 days past due.
Costs have skyrocketed for Americans on numerous things, while paycheck increases have been fairly meager, lagging far behind all of the increased living expense costs. More Americans are struggling with debt right now, but CCOA can help with free financial budgeting and analysis, and a Debt Management Program to get out of debt. Visit www.CCOAcares.com or call (479) 521-8877.