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News@lemmy.world · 5 months ago

Banks are bracing for consumers to stop paying off their credit cards, delinquency rates hit 12-year high

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Banks are bracing for consumers to stop paying off their credit cards, delinquency rates hit 12-year high

return2ozma@lemmy.world to

News@lemmy.world · 5 months ago

cross-posted to:
[email protected]

Banks are bracing for consumers to stop paying off their credit cards

Provisions for credit losses rose at JPMorgan, Citi, Wells Fargo, and Bank of America last quarter

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Dae@pawb.social
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5 months ago
Just another in an on-going series of “rich bastards figuring out that there’s no more money to take.”
- FenrirIII@lemmy.world
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  Wait until they pay off the politicians to allow debtors prisons and indentured servitude.

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