November Issuer Data Extends Trend of Rising Credit Card Charge-Offs
Securities and Exchange Commission (SEC) filings from several card issuers offer up a mixed portrait of the U.S. consumer in November. Delinquency rates were lumpy, though down a bit from October. Charge-off rates were higher, and overall, the data confirm PYMNTS Intelligence’s own findings from this past fall that indicate some struggling with the debt […]
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