US Bankcards Industry Benchmarking Trends: 2022 Q4 Update
Fico Collections
FEBRUARY 21, 2023
Expectations from Visa are that the GDP will turn negative once again in Q1 and Q2 of 2023 leading The National Bureau of Economic Research to declare a recession. Increasing of the fed funding rates leads to higher interest rates when seeking new credit or carrying balances on credit cards. according to the Federal Reserve forecasts.
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