Is the title of this article a joke ?? Any risk managers wet dream is to have a clear trend of falling deinquency rates !! This allows for the release of loss reserves back into earnings and straight to the bottom line.
It's also a definitive signal that the economy is healing and the consumer's financial health is on the mend as well. This may be a big story in the financial results of the dominant bankcard issuers in 2013 !!!!!!
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Is the title of this article a joke ?? Any risk managers wet dream is to have a clear trend of falling deinquency rates !! This allows for the release of loss reserves back into earnings and straight to the bottom line.
It's also a definitive signal that the economy is healing and the consumer's financial health is on the mend as well. This may be a big story in the financial results of the dominant bankcard issuers in 2013 !!!!!!