Americans are struggling to pay off credit card debt; Tiny Desk Contest's 2024 winner

Nearly 1 in 5 Americans have maxed out their credit card borrowing, according to the Federal Reserve Bank in New York. Tiny Desk Contest crowns its 10th anniversary winner.

Americans are struggling to pay off credit card debt; Tiny Desk Contest's 2024 winner
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Credit card delinquencies rose in the first three months of the year. According to the Federal Reserve Bank of New York, almost 1 in 5 card users is "maxed out," using at least 90% of their credit limit.

Nearly 1 in 5 Americans have maxed out their credit card borrowing, according to the Federal Reserve Bank in New York. Tiny Desk Contest crowns its 10th anniversary winner.

(Image credit: Justin Sullivan)

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