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2021 Credit Card Data Book: Key Industry Metrics to Watch in 2021 - ResearchAndMarkets.comThe "The 2021 Credit Card Data Book Part One: Internal Dynamics" report has been added to ResearchAndMarkets.com's offering. Unlike 2019, which was a banner year for many credit card issuers, 2020 proved to be far more tumultuous. COVID-19 caused widespread disruptions, economic uncertainty, and a steep rise in unemployment. Facing economic uncertainty, consumers largely reigned in their credit usage, causing revolving debt volumes to drop. Despite the potential for an economic disaster, however, the credit card industry remains largely stable, with delinquencies down across all loan types. According to the new report, The 2021 Credit Card Data Book Part One: Internal Dynamics, 2021 will likely end with a manageable rise in charge-offs. "Though the credit cycle risk indicators are artificially low and credit use has dropped considerably, current trends make it unlikely that a tsunami of delinquencies and charge-offs will crash over the credit industry in 2021," comments Brian Riley, Director, Credit Advisory Service and co-author of this research report. "We will examine what these trends are in the secondpart of this report and analyze what they mean for credit card profitability, consumer interest in opening new credit cards, and lender attitudes on credit policy standards." Highlights of the research report include:
Key Topics Covered: 1. Executive Summary 2. Introduction 3. Credit Card Portfolios: Measuring Consumer Credit
4. Credit Risk
5. Conclusion 6. References Companies Mentioned For more information about this report visit https://www.researchandmarkets.com/r/l9be4 About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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