As I understand, credit card debt is at or near ATH in the US – are V and MA exposed to a risk of increased default rates? My understanding is that the card issuers are at risk, not the processors, but I am not sure if this is the case.
As I understand, credit card debt is at or near ATH in the US – are V and MA exposed to a risk of increased default rates? My understanding is that the card issuers are at risk, not the processors, but I am not sure if this is the case.
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