Rising Credit Card Delinquencies in the US: Impact on Meme Coins and the Economy
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#89505000 ver:0.34

Rising credit card delinquencies in the US are concerning for the economy and meme coins. Visa's strong Q2 results are overshadowed by Americans' total credit card balance surpassing $1 trillion for the third consecutive quarter. Delinquency rates for auto loans, credit card debt, mortgages, and personal loans are all increasing, indicating potential economic stress. Lower-income borrowers are struggling the most, leading to tightened lending standards. This could lead to a contraction in the US economy and impact speculative activities like meme coins. #CreditCardDelinquencies #EconomicStress #MemeCoins...

#newstr #CreditCard #Delinquency #UsEconomy #SpeculativeActivity #MemeCoins 

 https://here.news/story/89505000?ver=0.34