1 in 7 Gen Z credit card users are 'maxed out'

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Roughly 1 in 7 Gen Z credit card borrowers have maxed out their credit cards, according to new research.

<p>ATLANTA — Ariel Barnes plunged into a credit card debt spiral in college, and a decade later she's yet to escape.

org/2024/05/delinquency-is-increasingly-in-the-cards-for-maxed-out-borrowers/" rel="nofollow" target="_blank">new research</a> from the Federal Reserve Bank of New York.

Source: Loan Digest (loandigest.net)

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