Charge it to the economy

Charge it to the economy

The 2024 Q3 Credit Stress Report shows that there has been a significant growth in retail (+5% YoY) and credit card (+6% YoY) loan balances, alongside an increase in overdue balances on credit cards (+9% YoY), suggesting that these products are being used to cope with financial challenges.

Credit Stress Report 2024 Q3 will be released this week

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