Bad Credit? No Problem! (For Now)
Dec 13, 2023•11 min•Ep. 20
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Episode description
Recent headlines have called attention to the rapid rise in credit delinquency rates, which some commentators have suggested is a sign that a credit bubble has popped. Liz explains why all that doomsday talk is overblown.
Shownotes-
Credit Card Delinquencies Are Rising. It Isn’t a Problem for Banks—Yet. [Barron’s]
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Delinquency Rate on Credit Card Loans, All Commercial Banks [FRED]
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Credit Card Delinquencies Continue to Rise—Who Is Missing Payments? [NY FED]
- The October 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices [FRB]
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