News@lemmy.world · 2 months ago

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

qz.com

cross-posted to:
personalfinance

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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 · 2 months ago

cross-posted to:
personalfinance

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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2 months ago
Wow … Wait what… What am I doing with my life?

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