U.S. Recession – Net % Tightening Standards for Credit Card Loans U.S. banks are concerned about the risk of a recession, as they are tightening their lending standards. Image: BofA Global Investment Strategy
U.S. Consumer Credit Card Interest Rates Are U.S. consumer credit card interest rates on the way to the moon? Image: Morgan Stanley Wealth Management
U.S. Credit Card Delinquency Rates (Debt) This chart suggests that the U.S. banking system is divided in two groups: small banks accept high credit risks, while large banks reject high credit risks. Image: Wolf Street Corp.
U.S. Student Debt, Auto Loan Debt, Credit Card Balance, per Capita Household debt balances have been rising steadily in recent years. Image: Deutsche Bank Global Research
Commercial Bank – Credit Cards Interest Rate In the United States, the average credit card interest rate is 17.39%, at highest level in decades. Is the U.S. consumer doing well? Image: Deutsche Bank Global Research
Interest Rates for Personal Loans and Credit Cards Diverge Due to the growing spread, many borrowers take out personal loans to pay off credit card debt. Image: Axios
U.S. Credit Card Charge-Off Rates Since 2007 This chart shows that small banks accept high credit risks, while large banks reject high credit risks. You may also like “Why the US Banking System Is Divided in Two Groups?“
Delinquency Rate of Student Loans since 2003 The delinquency rate of student loans is higher than credit card delinquency, auto loans and mortgages. The main reason is that the interest rate on student loans can be very high. Image: Federal Reserve Bank of New York
Why the US Banking System Is Divided in Two Groups? The delinquency rate on credit-card loans at all commercial banks is very low, whereas the delinquency rate on credit-card loans is high only at commercial banks other than the 100 largest banks. The US banking system is divided in two groups: small banks accept high…
U.S. Consumer Confidence Indicator U.S. consumers are very pessimistic, but aggregated credit and debit card may suggest that a bottom is near. Image: BofA Global Research