Four of the top six credit card issuers reported an increase in the number of debts they they wrote off as uncollectable in August. But there were a few positive signs as well.
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Uncollectable: Big Banks’ Credit Card Writeoffs Grew in August originally appeared on DailyFinance on Thu, 16 Sep 2010 02:45:00.
Filed Under: Company News, Economy, American Express, Bank of America, Citigroup, Credit