Terms of credit on card loans in the US are worse than any time since the series begins in 1972. This is not simply a following of Fed Funds rates, but rather reflective of much worse delinquencies.
What is covered in the Full Insight:
Terms of Credit on Card Loans
Bank's Risk Aversion and Late Card Loans
Effects on Banks and Card Issuers
Delinquent Card Loan Rates
Recent notes on US Financials
SUMMARY
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