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 https://t.co/uuokfAHnzm pic.twitter.com/IkdZ6qIC4H
— Topdown Charts (@topdowncharts) August 7, 2018
h/t KK