Young Americans are drowning in credit card debt.
18-29 year olds hitting 10.1% serious delinquency rate in Q2—highest since early 2025. That's more than DOUBLED from Q2 2021.
But here's what's wild: it's not just the kids anymore.
Seniors 70+ jumped to 6.3% delinquency (worst since 2011). The 50-59 crowd at 6.4%, highest since late 2024.
This is spreading across generations. When both your youngest workers AND retirees are struggling with plastic, that's not a demographic problem—that's a systemic stress signal.
The credit card time bomb isn't theoretical anymore. It's already going off in slow motion across every age bracket.
18-29 year olds hitting 10.1% serious delinquency rate in Q2—highest since early 2025. That's more than DOUBLED from Q2 2021.
But here's what's wild: it's not just the kids anymore.
Seniors 70+ jumped to 6.3% delinquency (worst since 2011). The 50-59 crowd at 6.4%, highest since late 2024.
This is spreading across generations. When both your youngest workers AND retirees are struggling with plastic, that's not a demographic problem—that's a systemic stress signal.
The credit card time bomb isn't theoretical anymore. It's already going off in slow motion across every age bracket.
