Banks are bracing for consumers to stop paying off their credit cards, delinquency rates hit 12-year high

qz.com

cross-posted to:
news@lemmy.world

Banks are bracing for consumers to stop paying off their credit cards, delinquency rates hit 12-year high

qz.com

return2ozma@lemmy.world to Personal Finance@lemmy.mlEnglish · 3 months ago

cross-posted to:
news@lemmy.world

Banks are bracing for consumers to stop paying off their credit cards

qz.com

Provisions for credit losses rose at JPMorgan, Citi, Wells Fargo, and Bank of America last quarter

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