Subprime Credit Card Delinquencies Spike To Record High, Surpass Financial-Crisis Peak

Feb 25th 2020 10:05am EST

Subprime Credit Card Delinquencies Spike To Record High, Surpass Financial-Crisis Peak Authored by Wolf Richter via WolfStreet.com, The rate of credit card balances that are 30 days or more delinquent at the 4,500 or so commercial banks that are smaller than the top 100 banks spiked to 7.05% in the fourth quarter, the highest delinquency […]

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