The broad trend that emerges from the data here is that the credit card loan portfolios for these lenders have steadily improved over the last two years. The change seen here is part of a larger trend that mirrors the sentiment of customers at large ? who had been clearing any debt overhangs and saving up over the 2010-2012 period in view of the uncertainty in the U.S. economy. Once the economic outlook appeared more stable, credit card loan volumes began to rise again. Also, the seasonal nature...
The broad trend that emerges from the data here is that the credit card loan portfolios for these lenders have steadily improved over the last two years. The change seen here is part of a larger trend that mirrors the sentiment of customers at large ? who had been clearing any debt overhangs and saving up over the 2010-2012 period in view of the uncertainty in the U.S. economy. Once the economic outlook appeared more stable, credit card loan volumes began to rise again. Also, the seasonal nature...
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