Credit Card Losses Are Surging At The Fastest Pace Since The Global Financial Crisis
Credit Card Losses Are Surging At The Fastest Pace Since The Global Financial Crisis One month ago we warned that the toxic cocktail of Volcker-esque rates which have pushed the average credit card APR to a nosebleeding 21%… … and surging credit card balances would lead to a catastrophic surge in consumer (and corporate) defaults […]
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