Write Offs

US Banks Brace for Surge in Bad Debt Write-Offs
US Banks Brace for Surge in Bad Debt Write-Offs
October 11, 2023  |  Banking

The largest U.S. banks are reportedly bracing themselves for a surge in bad debt write-offs, the highest since the early days of the pandemic. JPMorgan...

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Amex Write-Off Rate Is Down; Delinquency Rate Holds 
Amex Write-Off Rate Is Down; Delinquency Rate Holds 
July 15, 2019  |  Payment Methods

American Express has reported that its American consumer card delinquency rate was 1.4 percent for June, the same number it was in May, according to...

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Data Dive: The Uncertain Future Edition, MoviePass, Credit Cards And Seattle Taxes
Data Dive: The Uncertain Future Edition, MoviePass, Credit Cards And Seattle Taxes
May 21, 2018  |  Data Dive

Summer is here, the heat is on and what’s on the menu for the next three months is more or less a known commodity. But...

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India Wrote Off $37B In Bad Notes In Past Four Years
India Wrote Off $37B In Bad Notes In Past Four Years
April 06, 2018  |  Loans

India’s banking industry could be in trouble after the Narendra Modi government announced that $37 billion in loans have been written off by the country’s...

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