US Bankcards Industry Benchmarking Trends: 2023 Q1 Update
Fico Collections
JUNE 1, 2023
Census Bureau reports advanced estimates that retail sales were down 1.2% Compared to Q4 2021, the average interest rate on general purpose credit cards has increased nearly 800 basis points (Source: Federal Reserve G.19 Credit card lenders are not only dealing with higher loss forecasts in 2023. year-over-year, respectively).
52 
Let's personalize your content