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Late credit card payments are hitting record highs. In December, the amount of credit card debt delinquent over 60 days made up 3.75%. The previous high of 3.73% was set in February, 1997. Slowing economic activity, collapse of the subprime mortgage market, job losses, raising gasoline and food prices have strained the budgets of many Americans. If you can’t afford to pay your credit card bills on time, lenders are ready to help you.