Over the last year, roughly 9.1% of credit card balances transitioned into delinquency, the New York Fed reported.
  • Flax@feddit.ukEnglish
    23·
    5 months ago

    Ironically a similar thing is marriage. The statistic which is like “1/3 marriages end in divorce” are because of the same person marrying like 3 or 4 times. It’s quite a bit (albeit not massively) lower if you only factor in the first marriage