{"id":17039,"date":"2025-03-30T15:40:04","date_gmt":"2025-03-30T15:40:04","guid":{"rendered":"https:\/\/lonecandle.com\/?p=17039"},"modified":"2025-03-30T15:40:04","modified_gmt":"2025-03-30T15:40:04","slug":"consumer-stress-is-on-the-rise","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=17039","title":{"rendered":"Consumer stress is on the rise"},"content":{"rendered":"\n<p>&#8220;The number of credit card holders making only minimum payments on their bills has jumped to a 12-year high, a study by the Philadelphia Federal Reserve found.<\/p>\n\n\n\n<p>The level of cardholders only making minimum payments rose to 10.75% in the third quarter of 2024, the study found, continuing an upward trend from 2021.<\/p>\n\n\n\n<p>The number of 30+ day delinquencies also rose during this period, up to 3.52%. That&#8217;s double the delinquency rate of 1.57% from the pandemic low in the second quarter of 2021.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.axios.com\/2025\/01\/28\/consumers-car-payments-credit-cards\">https:\/\/www.axios.com\/2025\/01\/28\/consumers-car-payments-credit-cards<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The number of credit card holders making only minimum payments on their bills has jumped to a 12-year high, a study by the Philadelphia Federal Reserve found.<\/p>\n<p>The level of cardholders only making minimum payments rose to 10.75% in the third quarter of 2024, the study found, continuing an upward trend from 2021.<\/p>\n<p>The number of 30+ day delinquencies also rose during this period, up to 3.52%. That&#8217;s double the delinquency rate of 1.57% from the pandemic low in the second quarter of 2021.&#8221;<\/p>\n<p>https:\/\/www.axios.com\/2025\/01\/28\/consumers-car-payments-credit-cards<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[1756,1324,7,217,165],"class_list":["post-17039","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-consumers","tag-credit-card","tag-debt","tag-economics","tag-economy"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/17039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17039"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/17039\/revisions"}],"predecessor-version":[{"id":17040,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/17039\/revisions\/17040"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}