re: Debt delinquency on the rise

This a two part issue IMO. Inflation definitely is kicking families right in the arse and causing more financial woes than the government is leading on. Those costs have been soaring for some time. I can’t blame a man or woman for having to resort to credit card debt to feed their family. On the other hand you have people who are still addicted to spending money they can’t afford. When they don’t have the cash to cover their bills after spending all week on Amazon and eating out every night, they just put it on credit, which exacerbates their financial issues. They have no discipline when it comes to money. Watch how many 401ks will be withdrawn with penalty over the next couple years.