Supply's Low, Prices High For Newly Charged-Off Debt

Lucas, Peter
August 2010
American Banker;8/18/2010, Vol. 175 Issue 127, p7
Trade Publication
The article discusses the prices for and supply and demand for portfolios of charged-off consumer debt or write-offs in the United States as of August 18, 2010.


Related Articles

  • Drop in Card Debt Linked to Chargeoffs.  // American Banker;3/11/2010, Vol. 175 Issue 38, p10 

    This article reports that the drop in credit card debt is linked to chargeoffs rather than to consumers paying off their credit cards. A report has found that many consumers are ignoring payment, forcing creditors to write them off.

  • As Prices Spike, Supply Tightens. Conrad, Lee // U.S. Banker;Sep2005, Vol. 115 Issue 9, p15 

    Reports on the increased bad consumer debt in the banking industry in the U.S. Factors that contribute to the increased consumer debt; Pattern of charge-off rates of consumer debt; Effect of the trend to the banking industry.

  • PUBLIC CREDIT CARD DEBT OFFERINGS JUMP.  // CardLine;6/8/2007, Vol. 7 Issue 23, p13 

    The article reports that charged-off credit card portfolios listed for sale on the public portions of various Web sites totaled $81.9 million as of the first week of June 2007, according to "CCRNewsline." The volume of all types of debt portfolios listed for sale during the week was $147.2...

  • Charge-Offs Continue To Drop, But Card Lending Said To Remain Sluggish. Fitzgerald, Kate // CardLine;2/4/2011, Vol. 11 Issue 5, p13 

    The article reports on a gradual decline in credit card charge-offs and reports that card lending will continue to remain slow in the near term. The improvement in charge-offs is reported to be a good sign. It reports on a decline in the average charge-off rate on U.S. consumer credit cards for...

  • Post-Holiday Credit Card Charge-Offs, Delinquency Trends Look Stronger Than Usual. Fitzgerald, Kate // CardLine;4/22/2011, Vol. 11 Issue 16, p33 

    The article offers information on the decline in the the average credit card charge-off rate in the U.S. The average credit card charge-off rate is estimated to go down upto seven percent in the second quarter of the year. The decling trend of charge-off rate will continue with the improvement...

  • CARDHOLDERS GET BETTER AT PAYING THEIR BILLS.  // CardLine;11/17/2006, Vol. 6 Issue 46, p9 

    The article reports that U.S. consumer credit performance improved during the third quarter of 2006 compared with the same period of 2005, according to Moody's Credit Card Credit Indices. Cardholders paid back on average 18.60% of their credit card debt during September. The charge-off rate...

  • CREDIT CARD CHARGE-OFF RATE RISES TO 7.7%.  // CardLine;3/6/2009, Vol. 9 Issue 10, p35 

    The article reports that the U.S. credit card charge-off rate rose to 7.74% of overall card receivables in January 2009. According to Credit Card Credit Indices of Moody's Investors Service Inc., the January charge-off rate increased slightly from 7.73% in December 2008. The report states that...

  • FITCH: OCTOBER CHARGE-OFFS DOWN, DELINQUENCIES UP.  // CardLine;11/6/2009, Vol. 9 Issue 45, p2 

    The article reports on the results of the Prime Credit Card Index by Fitch Ratings Ltd. related to credit card performance in the U.S. As per the results, U.S. credit card performance in October 2009 was mixed as consumers continue to endure high unemployment rates and a lack of credit...

  • Chargeoffs Rise at Citi, B of A.  // American Banker;7/17/2009, Vol. 174 Issue 136, p10 

    The article reports that chargeoffs for credit card debt increased for the month of June 2009 for Citigroup Incorporated and Bank of America Corporation. According to the article, Citigroup stated that uncollectible credit card loans reached over 10.51% in June compared with 10.5% in May 2009....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics