Top
November 11, 2020

Data Snapshot: Credit Card Receivables

Credit card receivables have declined since the onset of the pandemic, signaling consumers’ debt paydowns and spending reductions. According to Auriemma Roundtables Card Collections data, receivables tumbled 8% between Q1 and Q2 in 2020, and fell another 2% in Q3. For credit card issuers, this translates to reductions in interest/interchange-related revenue. All eyes will be on the holiday season for signs of increased consumer spend.

You are now leaving the Auriemma Roundtables website

We want to ensure you’re aware that the site you have chosen to visit is another site, not Auriemma Roundtables.

Go Back Continue