Federal Reserve Bank of Philadelphia Consumer Finance Institute: 'Borrower Behavior and Contract Heterogeneity in the Credit Card Market'
September 11, 2026
September 11, 2026
PHILADELPHIA, Pennsylvania, Sept. 11 (TNSLrpt) -- The Federal Reserve Bank of Philadelphia's Consumer Finance Institute issued an article on Aug. 31, 2026, entitled "Borrower Behavior and Contract Heterogeneity in the Credit Card Market."
Here are excerpts:
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The behavior of U.S. credit card borrowers varies considerably, with the riskiest cardholders about 20 times more likely to become seriously delinquent on payments than the least ris . . .
Here are excerpts:
* * *
The behavior of U.S. credit card borrowers varies considerably, with the riskiest cardholders about 20 times more likely to become seriously delinquent on payments than the least ris . . .