Revolving Debt in the United States: Ready to Charge, but Exercise Caution
- Date:December 09, 2021
- Author(s):
- Brian Riley
- Research Topic(s):
- Credit
- PAID CONTENT
Overview
Credit card issuers acted aggressively to restore revolving debt, thereby offsetting the interest revenue loss resulting from COVID-related changes in purchasing and borrowing habits. However, while growth results effectively rebuilt portfolios, credit card issuers must be cautious about growing with new, riskier accounts rather than established card accounts.
Book a Meeting with the Author
Related content
Credit Card Metrics Matter: Five Lenses for Measuring Portfolio Performance
Credit cards are measured very differently depending on who is doing the measuring. A cardholder may focus on fees and rewards, while portfolio managers, investors, risk executives...
Small Business Credit Cards: A $1 Trillion Opportunity for Issuers, Networks, and Fintechs
Small business cards are entering a new era. Transaction volume is expected to exceed $1 trillion, and cards have become gateways to deeper banking, data, and cash-flow relationshi...
Regulatory Issues in Credit Cards: Preparing for the World of AI
From constitutional preemption to modern AI, the forces shaping credit cards are more complex and consequential than ever. Federal dominance, limited state influence, and evolving ...
Make informed decisions in a digital financial world