
BREAM: The Journal says the percentage of delinquent credit card balances is 13%, the highest since the period following the financial crisis. People say they're using them for necessities. Your message to them? HASSETT: We talk to the CEOs of the credit card companies all the time. Delinquency is different from default, and there's not any financial threat to the credit card companies. It's just people are taking a little bit longer.


























