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Mark Cuban Once Said Credit Card Users ‘Don’t Want To Be Rich.’ Now, US Credit Card Defaults Have Skyrocketed To Highest Levels Since 2008 Financial Crisis

U.S. credit card loan defaults have skyrocketed to levels unseen since the 2008 financial crisis. Credit card lenders wrote off a staggering $46 billion in seriously delinquent loan balances in the first nine months of 2024

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