Rising Minimum Payments, Delinquencies
This is a news story, published by CNBC, that relates primarily to Goldman Sachs news.
banking & finance news
For more banking & finance news, you can click here:
more banking & finance newsCNBC news
For more news from CNBC, you can click here:
more news from CNBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
active credit card holders. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest credit cards news, Average credit card rates news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
credit card holdersCNBC
•Business
Business & Economics
A record number of consumers are making minimum credit cards payments as delinquencies also rise

85% Informative
The share of credit card holders just making minimum payments on their cards jumped to a 12-year high.
The increase also marked a series high for a data set that began in 2012 .
Even with the rising delinquency rate, it is still well below the 6.8% peak during the 2008-09 financial crisis.
Goldman Sachs sees consumers as "a source of strength" in economy.
VR Score
91
Informative language
95
Neutral language
12
Article tone
informal
Language
English
Language complexity
41
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
5
Affiliate links
no affiliate links
Small business owner?