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Economic Commentary

The Bank Credit-Card Boom: Some Explanations and Consequences

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What is behind the surge in credit card lending and the sharp rise in credit-card charge-off rates at banks? Factors related to risk-taking help explain why some banks have higher charge-off rates than others.

03.01.1988EC 3/1/1988

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.

Suggested Citation

Watro, Paul R. 1988. “The Bank Credit-Card Boom: Some Explanations and Consequences.” Federal Reserve Bank of Cleveland, Economic Commentary 3/1/1988.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International