Relevant:
- US credit card delinquencies stabilize but unemployment expected to boost chargeoff rate
- First Premier Bank Credit Cards… Now at 79.9% Interest! Thank you, Mr. President.
- NY Times picks up the prime meme, but misses the point
- New Amazon Prime Credit Card Offers a Whopping 5% "Cash Back", No Fees
- Credit card debt nearly reaches 2008 levels
2008-08-05 — researchrecap.com
"Prime credit card chargeoff rates are up 40% in the 12 months through May, and are projected by Fitch Ratings to exceed 7% by year-end."
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