Payments Index February 2024: Credit Card Delinquency Rates Escalating to above Pre-Pandemic Levels

Summary: Credit card debt continues to rise, as the New York Federal Reserve reported a total of $1.129 trillion at the end of last year — up $143 billion from 2022. Explore the February edition of the PSCU Payments Index, including a Deep Dive into the escalating credit card delinquency rates, which are well above pre-pandemic levels.