US consumers falling behind on their debt: The share of active credit card accounts making JUST the minimum payment rose to 10.8% in Q3 2024, the highest since the data began in 2012. This is up 3 percentage points over the last 4 years, according to Large Bank Credit Card Fed data. Moreover, credit card 30+ day delinquency rates jumped to 3.5%, the highest in at least a decade. Delinquencies have more than DOUBLED since the Q2 2021 low of 1.6%. All while total card balances have grown by over 300 billion since 2020. Consumers are struggling to pay their debt.