According to Moody’s Investors Services, credit card debt charge-offs and the delinquency rate both rose in November. The up-side is that the dollar amount of card balances is now lower than it was a year ago. “ The charge-off rate on U.S. credit cards, as measured by Moody’s Credit Card Index, rose to 10.56% last month after falling for the two previous months. Read the original post: U.S. Consumers Fell Behind on Credit Card Payments in November

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U.S. Consumers Fell Behind on Credit Card Payments in November