US Lenders Lose $46,000,000,000 As Customers at Capital One, Citi, JPMorgan Chase, Synchrony, Discover, Citi and Bank of America Face Billions in Delinquencies
05 Janvier 2025 - 1:18AM
The Daily Hodl
Defaults on credit card loans are skyrocketing in the US.
Lenders are now witnessing a 14-year high in credit card defaults,
reports the Financial Times. The bad credit forced lenders to
collectively write off a whopping $46 billion in loans that are
considered seriously delinquent in the first nine months of 2024.
Based on data […]
The post
US Lenders Lose $46,000,000,000 As Customers at Capital One, Citi,
JPMorgan Chase, Synchrony, Discover, Citi and Bank of America Face
Billions in Delinquencies appeared first on The Daily Hodl.
...
Continue reading US Lenders Lose $46,000,000,000 As
Customers at Capital One, Citi, JPMorgan Chase, Synchrony,
Discover, Citi and Bank of America Face Billions in
Delinquencies
The post
US Lenders Lose $46,000,000,000 As Customers at
Capital One, Citi, JPMorgan Chase, Synchrony, Discover, Citi and
Bank of America Face Billions in Delinquencies appeared first
on
The Daily Hodl.
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