Consumers may have hit the wall in the amount of debt they can handle - at least when it comes to plastic.

The American Bankers Association reported Tuesday that 3.53% of credit card accounts were delinquent at the end of the first quarter - a 15-year high. As a percentage of dollars outstanding, delinquencies stood at 4.62% on March 31, 1996, a near-high for the last 10 years.

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