Why Less Credit-Card Debt Is a Problem for Banks
P.M. Edition for May 11. Early in the pandemic, banks and credit-card companies were bracing for consumers to fall behind on their payments. That didn't happen, and in fact, more Americans are paying off their credit-card debts entirely. Reporter AnnaMaria Andriotis joins host Annmarie Fertoli to explain why that's good news for consumers but has banks worried.
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