News for hackers. Stuff that matters.

A comment on US credit card defaults jump to highest level since 2010. Parent comment

Re:US credit card defaults jump to highest level since 2010 by eightysixfour on Monday December 30, 2024 @03:29PM (#42553152)
They were very low leading into the increased interest rates - 4% in 2021. In 2023 it was closer to 10% of originations.

https://www.investopedia.com/arm-applications-grow-as-mortga...

[ Parent | on HN ]

There are no comments on this comment yet.