COVID-19 crisis could almost triple US credit-card losses

Depending on how quickly the virus is contained and how long the recession lasts, retail-credit lenders need to think about how to take care of their customers.

Depending on the shape of the recession forecast, we see two quite dierent patterns of credit-card losses.

To read the article, see “What next for US credit-card debt?,” May 13, 2020.