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Credit Card Balances Return to Pre-Pandemic Levels

Portfolio Management

Definition

Credit card balances have returned to pre-pandemic levels, hitting $916.3 in September, according to a recent report by Equifax, one of the three national credit reporting agencies. Credit card debt levels fell significantly during the height of the coronavirus pandemic in 2020 and 2021 as consumers pulled back spending. But record issuance in 2022 has pushed balances to nearly $1 trillion. Key Ta

In Panel Profits

In the Panel Profits market platform, Credit Card Balances Return to Pre-Pandemic Levels applies standard portfolio management principles to comic assets and physical collections.

Common mistakes

Do not infer unobserved prices.