US credit card delinquencies hit 13.1% in Q1 2026, the highest since 2011 and nearing the post-financial crisis peak. Here's what it means for markets.

US credit card delinquencies hit 13.1% in Q1 2026, the highest since 2011 and nearing the post-financial crisis peak. Here's what it means for markets.

US commercial banks' credit card debt hits a record $1.09 trillion in April 2026, up 63% from pre-pandemic levels, with interest rates near 21.5%.