Predicting how many Americans will have problems in paying their credit card bills used to be easy. The banks simply look at the unemployment rate to gauge the level of risk they need to face in the near future. This isn’t accurate anymore. Previously, job loss meant inability to pay. Nowadays, losses are outpacing the unemployment rate.
Follow MyBankTracker.com on Twitter
Most Popular News
Bank of America Facing Lawsuit for Home Invasion and…Parrot Theft?
$150 and $200 Checking Account Bonuses From KeyBank
$100 Chase Checking Account Bonus
Debate Continues As Unemployment Benefit And Tax Extension Bill is Passed By Senate
Capital One Partners With Ivan Brothers To Promote Their Venture Rewards Credit Card


