Infographic: Bankers predict more credit cards, more delinquencies

January 25, 2012

Filed Under:

Research and Statistics

Summary

The next six months will likely see more people becoming delinquent with their credit — and seeking more credit at the same time, according to a January 2012 survey by the Professional Risk Managers’ International Association

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Is it a return to the bad old free-spending pre-recession days? Bankers think so. Bank risk managers were asked to predict what will happen over the next six months regarding consumers and credit. The January 2012 survey by the Professional Risk Managers’ International Association found nearly half the bankers surveyed expect consumers to ask for more credit — and be later paying back their loans.

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Juan Rodriguez is a former CreditCards.com personal finance contributor

Credit Card Rate Report Updated: September 23rd, 2020

National Average: 16.00%
Low Interest: 12.77%
Business: 13.91%
Balance Transfer: 13.84%
Airline: 15.48%
Cash Back: 15.94%
Reward: 15.78%
Student: 16.12%
Instant Approval: 18.38%
Bad Credit: 24.43%

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Infographic: Bankers predict more credit cards, more delinquencies

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