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Home » Other News in Brief: Year-End Credit Card Borrowing
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Other News in Brief: Year-End Credit Card Borrowing

June 25, 2018
The CFPB has issued a report on end-of- year credit card borrowing and repayment of credit card balances in the following year. The report found the year-end rise in consumer debt was most pronounced in general purpose credit card debt and retail store card debt. Delinquency rates on credit cards rise during and after the holiday season, driven by consumers with subprime credit scores, the report said [Includes one brief] ...
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