Is this the first signs of a credit crises ?
There have been lots of reports in the media in recent times that Credit Card debt could bring around another finical crises if the company's that lent the money could not recover the funds from the debtors in time.
PFG has suffered huge losses as it has failed to collect debt from the sub prime customer base it lends to.
- 70%
- £I.7 Billion
Interested to get your feedback ?
PFG has suffered huge losses as it has failed to collect debt from the sub prime customer base it lends to.
- 70%
- £I.7 Billion
Interested to get your feedback ?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.