Americans struggled to pay of credit-card debt at the end of 2018, and 37 million accounts were seriously delinquent
About 37 million credit card accounts fell into serious delinquency in the fourth quarter, meaning they were 90 or more days past due. While delinquency rates overall remainlow, economists say the steady increase among credit-card users poses risks to certain populations.
That could be particularly concerning because some of the oldest and youngest borrowers may be financially dependent on family members, according to Josh Wright, the chief economist at iCIMS and a former Federal Reserve staffer.
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