Credit cards are the ‘financing of last resort’ for older adults as inflation persists
Posted: Fri May 03, 2024 2:51 pm
As inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, credit cards have become the financing method of last resort. As a result, balances have jumped since last year.
Source: https://www.marketwatch.com/story/credi ... topstories
Source: https://www.marketwatch.com/story/credi ... topstories