Memphis, Tennessee, ranks as the U.S. metropolitan area where young people are struggling the most with credit card debt. In Memphis, an alarming 27.5% of credit cardholders between 18 and 34 have severely delinquent accounts, nearly 7 percentage points more than the next closest large metro area. This struggle may be linked to the city’s economic landscape, where the city grapples with one of the highest poverty rates among large U.S. cities. In Atlanta, Georgia, where 20.8% of young adults are severely delinquent on their credit card payments, the cost of living is rapidly outpacing wage growth. As a major economic hub, Atlanta has experienced recent population growth, and its affordable housing has been unable to keep up. Though its job market remains robust, wages for many young adults may not be able to keep pace with housing costs. Jacksonville, Florida, faces a similar dynamic, with 20.4% of its young cardholders in severe delinquency. The financial struggles…..