News@lemmy.world · 3 months ago

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

qz.com

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

qz.com

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News@lemmy.world · 3 months ago

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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3 months ago
Numbers may not lie but whoever massages them does.

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