Summary
Retail credit card debt is accounting for a greater proportion of overall debt in consumer bankruptcies in recent years. A big reason is the record high interest rates banks, including Synchrony and Bread Financial,
Source: CNBC on MSN.com
Exclusive AI-Powered News Insights (For Members only)
Disclaimer:This content is AI-generated from various trusted sources and is intended for informational purposes only. While we strive for accuracy, we encourage you to verify details independently. Use the contact button to share feedback on any inaccuracies—your input helps us improve!
