Surge in Minimum Credit Card Payments Signals Financial Strain for Many Americans

In a concerning trend, a growing number of Americans are opting to make only the minimum payments on their credit cards, a financial behavior that could indicate broader economic distress. In the first quarter of 2025, data reveals that nearly 60% of credit card holders are now limiting their payments to the minimum required amount. This marks a significant rise compared to previous years and raises red flags among financial experts.

Continue reading