00:00Americans are struggling to keep up with their bills, with debt delinquency reaching its highest level in 15 years in
00:062025, according to a Federal Reserve report cited by CNBC.
00:11Rising balances across credit cards, mortgages and other loans are adding pressure to household finances, while elevated borrowing costs make
00:20repayment more expensive.
00:21Credit card debt has remained near record levels, and student loan delinquencies have also climbed as payment reporting resumed.
00:29The figures point to a growing financial strain for households despite continued economic growth.