NEW YORK (Reuters) – Extra individuals in the US seem like struggling to maintain up with their bank card and scholar mortgage debt, which may put strain on one of many strongest drivers of financial progress.

FILE PHOTO: Federal Reserve Board constructing on Structure Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Picture/File Picture

U.S. bank card balances grew to $868 billion within the second quarter, from $848 billion within the earlier three months, and the proportion of these balances critically overdue is on the rise, in line with Federal Reserve Financial institution of New York information launched on Tuesday.

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