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News@lemmy.world · 5 months ago

Credit Card Delinquency Rates Are At Highest Level Since 2012

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Credit Card Delinquency Rates Are At Highest Level Since 2012

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News@lemmy.world · 5 months ago

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This Week In Credit Card News: Delinquency Rates Are At Highest Level Since 2012

What took place this week in the credit card and payment industries

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AlecSadler@sh.itjust.works
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5 months ago
Some crazy part of me wonders what would happen if 50%-75%+ of people just straight up refused to pay.

And, not for like…one month. But 6-12 months. It would have to have a meaningful, negative impact to banks? Right?

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