Credit card defaults up in Q3 2024?
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6H
1D
1W
1M
ALL
Q3 2024 (+0)
$18,298vol
Above 3%
Yes
Above 3.25%
No
Above 3.5%
No
Rules summary for
Above 3%
If the delinquency rates for credit cards in quarter 3 2024 is greater than 3% , then the market resolves to Yes. Outcome verified from Federal Reserve.
Expiration value: 3.23Timeline and payout
About
This market monitors the number of people who may miss their credit card payments each quarter. Interestingly, credit card default rates have historically correlated with the overall economy—rising rates often signal financial turbulence. Fun fact: Credit card defaults hit an all-time low in 2021.
