OUCH! US credit card defaults jump to highest level since 2010. Credit card lenders wrote off $46bn in seriously delinquent loan balances in first 9mths of 2024, up 50% from the same period in the year prior and the highest level in 14yrs. - Sky-Tide Media

OUCH! US credit card defaults jump to highest level since 2010. Credit card lenders wrote off $46bn in seriously delinquent loan balances in first 9mths of 2024, up 50% from the same period in the year prior and the highest level in 14yrs.

December 30, 2024

OUCH! US credit card defaults jump to highest level since 2010. Credit card lenders wrote off $46bn in seriously delinquent loan balances in first 9mths of 2024, up 50% from the same period in the year prior and the highest level in 14yrs.

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