Top Tweets for #ChargeOffs
I use #Cards #Accounts #Memberships for #Discounts #Rewards #CashBack etc , and quickly pay off amounts due.
But there are those persons that want or need things who can not or do not want to wait till they have funds for purchases. I’m more concerned about $AFRM #ChargeOffs
When the payment plans extend beyond the utility of the product… we’re toast.
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@CNBC Special kudos to the $XOM accounting team - how hard did these folks have to work to keep the number UNDER $100B ?
#Chargeoffs
#Writedowns
#ReduceThatGoodwill
#GAAPish
a shame when the #CFO has to talk about #debt #chargeoffs in an #earnings report $JPM
#banks are hemorrhaging when they are used to massive profit margins. layoffs $CS $BLK $GSCO and more
JPM CFO: I VIEW THE FINAL SENTENCE, NEAR NORMALISED LEVELS OF CHARGE-OFFS.
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@GoldTAnalysis It's a bit of "mirage."
The top 20% of income earners tend to pay off their #creditcards every month. The bottom 80%, #Stopped using cards as they lost jobs and reigned in spending. On a monthly basis it looks like a big drawdown. It wasn't. #ChargeOffs, #Deliquencies are coming.
Record Household Debt Before the Holiday Shopping Season Followed By Global Economic Shutdown and 20+ Million Unemployed. Prepare for the financial crisis to hit shortly. #CECL #Banks #Accouting #LoanLoss #ChargeOffs #CreditCards #Fintech #PeerLending #Credit #Default #Debt
The 43 commentary/analysis reports review and recommend actionable plans https://t.co/vCmrqZUvCK @visanews @mastercardnews @americanexpress @discover_news @chase @citibank @capitalone @bankofamerica #payments #chargeoffs #delinquency #credit #debit #prepaid

Fintech Startup #TribalCredit Secures US$5.5 Million In Funding Round https://t.co/F24RnzKFM0
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#EmergingTrends #Trends #E-Commerce #Lending #Borrowing #Underwriting #Delinquency #Chargeoffs #Fintech

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@VendbienJon @solon594bce @NotaBubble @daesr1 @7wtc @BagholderQuotes Sitting-on-$SPX-2932-as-this-tidbit-hits-from-#Bloomberg:
Red flags are flying in the credit-card industry https://t.co/V23TlwxaUF via @business
Affects-Consumer-spend
Sprinkle-in-Gas-prices
&-higher-Taxes-in-SALT-states
Recipe-for-Recession-in-12-months-or-less,
#Chargeoffs
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