Credit Card Delinquencies Climb Even as Household Debt Stabilizes

Credit card debt 90+ days past due rose from 7.6% in late 2022 to 12.8% in early 2026, the New York Fed reports, even as overall household delinquency edged down to 4.7%. The gap reflects stress among subprime borrowers — those with weaker credit — hidden by mortgage-heavy averages. CNBC calls it a persistent "K-shaped divide."