Credit Card Default Rates Surge: Top 100 Banks At 2.45%, Rest Reach Record High Of 7.51%

Credit Card Default Rate

In the ever-evolving landscape of the financial world, credit card default rates have emerged as a significant concern. Recent statistics reveal a startling trend: the default rates among the top 100 banks stand at a comparatively modest 2.45%, while the rest of the banking institutions are grappling with a staggering 7.51%. This surge in default … Read more