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News@lemmy.world · 1 year ago

Credit card losses are rising at the fastest pace since the Great Financial Crisis

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Credit card losses are rising at the fastest pace since the Great Financial Crisis

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

Goldman Sachs predicts credit card losses will continue to climb through the end of 2024 or early 2025 for most issuers.

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return2ozma@lemmy.worldOP
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1 year ago
Paid off a vehicle and my credit score DROPPED 40 points hah
- geosoco@kbin.social
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  1 year ago
  Same. Paid off loans, and mine dropped because I don’t have any loans.
  - potpotato@artemis.camp
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    1 year ago
    Why would CC Companies want to borrow to people that don’t make them money?

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