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News@lemmy.world · 1 year ago

Credit card losses are rising at the fastest pace since the Great Financial Crisis

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Credit card losses are rising at the fastest pace since the Great Financial Crisis

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

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Goldman Sachs predicts credit card losses will continue to climb through the end of 2024 or early 2025 for most issuers.

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Z3k3@lemmy.world
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1 year ago
The whole credit system is a scam.

I was lucky enough to pay off my mortgage a few months ago due to the money saved working from home going to that since the 1st lock downs

What happened my credit score instantly went down.
- gravitas_deficiency@sh.itjust.works
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  1 year ago
  You’re being penalized for not paying the banking industry interest.
  
  I wish that was a joke.

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