People trying to avoid legal usury: credit card balances, delinquencies, third-party collections, and second-quarter bankruptcies
Buy-Now-Pay-Later (BNPL) lenders face a tougher reality. By Wolf Richter for WOLF STREET. Credit card balances jumped $46 billion to $887 billion in the second quarter, which was still down 4.3% from the peak in the fourth quarter of 2019 and was just a hair above what it was inRead More →