Yes the delinquency rate has increased, but you are misinterpreting the chart. It is showing the “change” in the delinquency rate, not the actual rate of delinquent credit card accounts. 50% delinquency would be catastrophic. It’s been around 5% as of late.
Yes the delinquency rate has increased, but you are misinterpreting the chart. It is showing the “change” in the delinquency rate, not the actual rate of delinquent credit card accounts. 50% delinquency would be catastrophic. It’s been around 5% as of late.
Yes the delinquency rate has increased, but you are misinterpreting the chart. It is showing the “change” in the delinquency rate, not the actual rate of delinquent credit card accounts. 50% delinquency would be catastrophic. It’s been around 5% as of late.