Credit-card delinquency rates near 9% for some borrowers
Subprime consumers are falling behind on their credit-card bills.
MarketWatch illustration/iStockphoto
Is there trouble ahead?
Subprime consumers are falling behind on their credit-card bills. From Generation Z and millennials to Generation X and baby boomers, credit-card delinquency rates have been trending upwards for four generations of borrowers since January 2020, reaching a new high in August, according to new data from VantageScore.
Borrowers…