Credit card rates are now higher than they were at the peak of the last cycle despite CC lending standards is now the highest since 2008 great financial crisis

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Credit card rates are now higher than they were at the peak of the last cycle: pic.twitter.com/54RBTFJHGh

— Jesse Felder (@jessefelder) August 7, 2018

I wonder what this graph would look like if personal loans and line of credit were added to it…it’s getting scary folks. Ultimately, the populous thought 0% interest rates were here to stay forever.

FWIW, net %age of #banks tightening CC lending standards is now the highest since the tail end of the GFC. Before that, the tail end of the dot-com recession per #Fed latest #SLOOS. I'm sure it's nothing though 🤔 pic.twitter.com/edurhrfMIE

— Mike Larson (@RealMikeLarson) August 7, 2018

Chart: US Credit Growth About to Surge t.co/uuokfAHnzm pic.twitter.com/IkdZ6qIC4H

— Topdown Charts (@topdowncharts) August 7, 2018

h/t KK

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