Relevant:
- US credit card delinquencies stabilize but unemployment expected to boost chargeoff rate
- Got Credit Card debt? You may be in luck…
- Reflections on Credit Card Fees and Chargeoffs; Peak Revolving Credit
- Credit Card Delinquencies, Chargeoffs Rise Again; Bank of America Has Credit Card Headaches
- Rising Credit Card Losses Are Next Challenge for Banks
2008-05-01 — researchrecap.com
''Although performance on U.S. credit card securities remains well within long-term historical trends and continues to resist the rapid deterioration of subprime mortgage-backed securities, rising credit card balances, delinquencies and chargeoffs are becoming a cause for concern.''
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