Bad Credit? No Problem! (For Now)

Recent headlines have called attention to the rapid rise in credit delinquency rates, which some commentators have suggested is a sign that a credit bubble has popped. Liz explains why all that doomsday talk is overblown.

Shownotes

• Credit Card Delinquencies Are Rising. It Isn’t a Problem for Banks—Yet. [Barron’s]

• Delinquency Rate on Credit Card Loans, All Commercial Banks [FRED]

• Credit Card Delinquencies Continue to Rise—Who Is Missing Payments? [NY FED]

• The October 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices [FRB]