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
Co-Branded Credit Cards Smoke, Private Labels Choke
Co‑branded credit cards thrive when financial institutions and consumer brands join to create value neither could deliver alone. When designed well, these partnerships fuel custome...
2026 Credit Card Risk: Happy Days are Here Again (For Top Issuers)
The year bodes well as 2026 approaches the end of the first quarter. Economic indicators are strong, the credit card market is growing at a healthy rate, and credit cards rem...
Credit Card Databook 2026
The credit card market, which appeared to be a candidate for saturation in recent years, continues to grow amid a resilient economy. Purchase volume reached $1.28 trillion in 2025,...
Make informed decisions in a digital financial world