U.S. consumers racked up credit-card debt in Q2 twice as fast as at any time since the recession — and credit-card charge-off rates appear to be headed up too, according to new data from the Federal Reserve and FDIC included in a report by CardHub....
July 09, 2015
Offering up its latest quarterly report on the “Credit Card Landscape,” this time around for the second quarter of 2015, CardHub stated that rates were “fairly stable” with two exceptions: rates slipped (1.5 percent) for those consumers with excellent credit and rose (3.6 percent) for those with only fair credit from levels last year. In […]