APObenzinga

As US Credit Card Debt Soars, Record Number Of Americans Rely On Minimum Payments Amid Recession Fears And Trump Tariffs

Summary

A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data released by Apollo Global Management Inc. Chief Economist Torsten Slok.

Original Article

Read the full article from the original source for complete details and context.

Read Full Article

Article published on April 28, 2025 by benzinga