Credit Card Charge-Off Archives

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Credit Card Charge-Offs Surging at Small Banks

by Bram Berkowitz | Mar 5, 2018

Credit card charge-offs are sky-rocketing at small banks. According to media reports, charge-off rates have hit 7.2 percent on average during the fourth quarter for banks with $10.4 billion or less in assets. That level is up from 4.5 percent one year ago.

Credit Card Charge-Offs Surging at Small Banks

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