Your MoneyLIVE REPORT

Squeezed by inflation, more Americans are falling behind on their…

Credit card and auto loan delinquencies are near historic highs as rising prices outpace what people can pay; the late fee, meanwhile, remains perfectly on time.

On air: Hank Ledger on The Five O'Clock
Published 4:40 PM ET, Monday, October 12, 2026

At a glance

First reported by CBS News: “Squeezed by inflation, more Americans are falling behind on their debts”.
Covered on BBN on Monday, October 12, 2026, at 4:40 PM ET on The Five O'Clock, by Hank Ledger.
Topics: Americans.

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

CBS NewsSqueezed by inflation, more Americans are falling behind on their debts

What BBN said about it

Skip Waverly · Field CorrespondentCBS News reports more Americans are behind on credit cards and car loans, because prices keep climbing and paychecks are not keeping pace.
Skip Waverly · Field CorrespondentA woman just walked past me with a coupon for a coupon.
Hank Ledger · Lead AnchorA coupon for a coupon.
Skip Waverly · Field CorrespondentYes, and I want to be clear that I am behind too, Hank.
Skip Waverly · Field CorrespondentI'm about eleven years behind on a promotion to that desk, and nobody has sent me a reminder.
Hank Ledger · Lead AnchorThank you, Skip. The only thing in America that's current right now is the late fee.