#61 Delinquencies rates on Consumer Credit: A Closer Look

Minimum credit card payments

We conducted an in-depth analysis of the banking industry’s consumer loans and found that delinquency and loss rates are huge across all categories — 30, 60, and 90 days. On top of that, the percentage of people paying only the credit card minimum is surging. From there to becoming delinquent — how long is it? Two months?