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Tuesday, February 25, 2020

Subprime Credit Card Delinquencies Soar

Last week, we told you about the rising level of subprime auto loan delinquencies. Well, there is a similar thing happening in the subprime credit card market. Is this the proverbial canary in a coal mine? Balances more than 30-days delinquent on credit cards issued by the roughly 4,500 banks smaller than the top-100 surged […]

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