Financial experts are warning credit card holders of mounting debt as data shows rising number of Americans are only completing their minimum payments every month. The Philadelphia 's has revealed that 10.75 percent of creditors were only making their mandatory payments in the third quarter of 2024. It also noted that more consumers are falling behind on their monthly card payments as 30-day delinquency rose by 10 percent to a staggering 3.52 percent.
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