The delinquency rates on store-branded credit cards have hit the highest level seen since 2011, according to Equifax, with 4.65 percentof private-label cards 60 days delinquent. According to the company's analysis, this is partially because some consumers think that when the retailer on the card goes out of business they don't have to pay off the bill, which oh my that is not how it works at all please do not do that.
Numlock News: May 25, 2018
Numlock News: May 25, 2018
Numlock News: May 25, 2018
The delinquency rates on store-branded credit cards have hit the highest level seen since 2011, according to Equifax, with 4.65 percentof private-label cards 60 days delinquent. According to the company's analysis, this is partially because some consumers think that when the retailer on the card goes out of business they don't have to pay off the bill, which oh my that is not how it works at all please do not do that.