Which U.S. Households Have Credit Card Debt?
Yu-Ting Chiang and
Mick Dueholm
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Yu-Ting Chiang: https://research.stlouisfed.org/econ/chiang/oc/
On the Economy from Federal Reserve Bank of St. Louis
Abstract:
Households carrying credit card balances tend to be middle income, but the ratio of credit card debt to income is highest among those who earn the least.
Keywords: credit; cards (search for similar items in EconPapers)
Date: 2024-05-20
New Economics Papers: this item is included in nep-ban and nep-pay
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:98285
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