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News@lemmy.world · 1 year ago

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

cross-posted to:
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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

cross-posted to:
[email protected]

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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Chainweasel@lemmy.world
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1 year ago
You’re credit score isn’t about how good you are at making payments, it’s about how good you are at generating interest for your creditors.

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