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_credit-card-delinquencies-are-on-the-rise.jpg "Credit Card Delinquencies , Are on the Rise.<br/>New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .<br/>In Q1 2024, delinquencies reached <br/>8.9% at an annualized rate.<br/>America hasn't seen this high of a <br/>percentage of serious credit card <br/>delinquencies since 2012, Fox News reports. .<br/>In the first quarter of 2024, credit <br/>card and auto loan transition rates <br/>into serious delinquency continued <br/>to rise across all age groups, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>An increasing number of borrowers <br/>missed credit card payments, <br/>revealing worsening financial <br/>distress among some households, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>Researchers aren't sure why delinquencies <br/>are so high since the unemployment rate <br/>is low, but they have a few theories.<br/>One of those theories is that consumers drained savings throughout the pandemic <br/>but continue to spend at high levels.<br/>Another theory is that some Americans switched to jobs with lower salaries.<br/>Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.<br/>These are all kinds of complex issues. <br/>We don't exactly know what's behind the <br/>increase of these delinquency rates. But it's <br/>definitely something that we're tracking, New York Fed researchers, via Fox Business.<br/>The average annual percentage rate for <br/>credit cards hit a record of 20.72% recently.")
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_ohio-unemployment-claims-soar-during-pandemic.jpg "News 5 Cleveland")
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_ohio-pandemic-unemployment-defrauded-hundreds-of-millions-in-multi-state-fraud-scheme.jpg "WLWT")
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_irs-covid-19-fraud-conviction-is-100-in-ohio.jpg "WBNS 10TV")
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_credit-card-delinquencies-are-on-the-rise.webp "Credit Card Delinquencies , Are on the Rise.<br/>New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .<br/>In Q1 2024, delinquencies reached <br/>8.9% at an annualized rate.<br/>America hasn't seen this high of a <br/>percentage of serious credit card <br/>delinquencies since 2012, Fox News reports. .<br/>In the first quarter of 2024, credit <br/>card and auto loan transition rates <br/>into serious delinquency continued <br/>to rise across all age groups, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>An increasing number of borrowers <br/>missed credit card payments, <br/>revealing worsening financial <br/>distress among some households, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>Researchers aren't sure why delinquencies <br/>are so high since the unemployment rate <br/>is low, but they have a few theories.<br/>One of those theories is that consumers drained savings throughout the pandemic <br/>but continue to spend at high levels.<br/>Another theory is that some Americans switched to jobs with lower salaries.<br/>Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.<br/>These are all kinds of complex issues. <br/>We don't exactly know what's behind the <br/>increase of these delinquency rates. But it's <br/>definitely something that we're tracking, New York Fed researchers, via Fox Business.<br/>The average annual percentage rate for <br/>credit cards hit a record of 20.72% recently.")
_ohio-unemployment-claims-soar-during-pandemic.webp "News 5 Cleveland")
_setting-up-ohio-pandemic-unemployment-assistance-will-cost-taxpayers-close-to-3610-million.webp "News 5 Cleveland")
_those-on-pandemic-unemployment-assistance-in-ohio-may-have-had-personal-info-compromised.webp "LOCAL 12")
_data-leaks-denials-dead-ends-ohio-workers-complain-of-pandemic-unemployment-assistance-problems.webp "News 5 Cleveland")
_ohio-overpaid-108290-pandemic-unemployment-recipients.webp "WCPO 9")
_ohio-extends-covid-19-unemployment-benefits-for-a-few.webp "WCPO 9")
_when-will-ohio-kentucky-forgive-pandemic-unemployment-assistance-overpayments.webp "WCPO 9")
_36300-federal-pandemic-unemployment-assistance-ending-soon-in-ohio.webp "WKYC Channel 3")
_ohio-opting-out-of-federal-unemployment-assistance.webp "NBC4 Columbus")
_ohio-pandemic-unemployment-defrauded-hundreds-of-millions-in-multi-state-fraud-scheme.webp "WLWT")
_irs-covid-19-fraud-conviction-is-100-in-ohio.webp "WBNS 10TV")
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