2019 was a banner year for many credit card issuers, as the stars aligned. Unemployment and inflation were low, interest margins were at a peak, collection results were favorable, and total open accounts grew slightly. And according to
“Credit card risk is fragile right now. Times have been good, but that “sooner or later” economic shift draws closer every month. Use Mercator's 2020 Credit Card Data Book to see where sensitivities exist,” comments
Highlights of the research report include:
- Key industry metrics to watch in 2020
- Growth in revolving debt
- Average credit card debt
- Credit card return on assets
- Originations and total active accounts
- Trillions of dollars in contingent credit card liability
- Interest rate margins
- Household debt burdens
This document contains 29 pages and 20 exhibits.
Companies and other organizations mentioned in this research report include:
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