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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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madcaesar@lemmy.world
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1 year ago
Start with fucking car loans. There is no fucking way people should be getting approved for what they are. It’s the next massive bubble after housing.

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