According to data released by the credit rating company Vantage Score, more high-income Americans are falling behind on their credit cards. This could give a clear a sign that amid economic adjustments, many households with salaries above six figures could face financial difficulties.

According to the analysis, households with incomes between $45,000 and $150,000 have a 60% increase in delinquency, while those earning less than $45,000 only increased in delinquency by 22%.

The research indicates that before and during the pandemic, households with higher incomes managed to resist; however, that same population is now feeling the impact of the economic adjustments.

Vantage Score chief economist Rikard Bandebo highlights that for administrative workers it will probably be more difficult than before. This trend has been consistent and appears to be continuing; is not complicit, he said, adding that it is also partly due to a weaker labor market and a higher cost of living.

Americans are not only struggling with the challenge of a drop in hiring but also with wages that do not match the high inflation rate that has been dragging on for the past two years.

Furthermore, according to data from the financial services company Primerica, middle- and low-income households are currently facing tougher financial obstacles.

In a survey conducted by the financial company, six out of ten low-income Americans are stressed about their finances, the skyrocketing prices of goods and services, coupled with low wages, limited savings capacity, and high credit card debt, keep this population in a state of uncertainty.

However, according to Primerica, middle- and low-income households have increased their use of credit cards to finance everyday consumer goods to make ends meet.