"A different kind of credit." That's the conclusion of a growing numbers of analysts who see the...
"A different kind of credit." That's the conclusion of a growing numbers of analysts who see the rising consumer credit number as a positive with the number more highly-skewed to consumers on solid financial footing than in the bubble years. It's a nice thought in manner ways, but a credit card delinquency rate (+90 days overdue) that crept up 4 bps to 0.75% last quarter also bears some watching.
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