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