Birdwatch Note Rating
2024-02-17 20:52:52 UTC - HELPFUL
Rated by Participant: D7B6CBE1F50EDBC161DD2B498C596BBD785135E13300922C1BABFCFD9F3B3D3B
Participant Details
Original Note:
This chart shows default rates for banks not among the 100 largest in size by assets. https://fred.stlouisfed.org/series/DRCCLOBS Their card market share is very low. The largest 10 issuers account for >80% of outstanding credit card balances. https://www.cardrates.com/advice/credit-card-issuer-market-share/ For all commercial banks, default rates are still historically low. https://fred.stlouisfed.org/series/DRCCLACBS
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