News@lemmy.world · 10 months ago

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

qz.com

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

qz.com

return2ozma@lemmy.world to

News@lemmy.world · 10 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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10 months ago
I think we all saw this coming the second it was possible to finance a pizza.

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