Credit analysts say consumer credit delinquencies are rising in 2018, a year when interest rates also are expected to climb. “Simply put, there's only so much credit card debt Americans can absorb without it causing real problems,” said one analyst. In this March 5, 2012, file photo, consumer credit cards are posed in North Andover, Mass.
Credit analysts say consumer credit delinquencies are rising in 2018, a year when interest rates also are expected to climb. “Simply put, there's only so much credit card debt Americans can absorb without it causing real problems,” said one analyst. In this March 5, 2012, file photo, consumer credit cards are posed in North Andover, Mass. Elise Amendola AP
Credit analysts say consumer credit delinquencies are rising in 2018, a year when interest rates also are expected to climb. “Simply put, there's only so much credit card debt Americans can absorb without it causing real problems,” said one analyst. In this March 5, 2012, file photo, consumer credit cards are posed in North Andover, Mass. Elise Amendola AP

Bah humbug: Holiday hangover of rising credit card debt, store closings

January 14, 2018 12:00 AM