Header_Ad

Tuesday, August 28, 2018

Canary in the Coal Mine? Subprime Credit Card Delinquencies Spike in Q2

There are signs that the air may be coming out of the subprime credit card bubble. According to numbers recently released by Federal Reserve, delinquency rates on credit card balances at commercial banks other than the largest 100 rose to 6.2% in the second quarter of this year. These are credit cards issued by the […]

The post Canary in the Coal Mine? Subprime Credit Card Delinquencies Spike in Q2 appeared first on SchiffGold.com.



from SchiffGold.com https://ift.tt/2BUmOgZ