Credit Card Write Offs

Last Updated by Anonymous | Update This Page Flag this page Delete This Page

rating: 0+x
As the economy gets worst - and home equity drops - the tendency for consumers to fail for bankruptcy and write off their credit card balances will increase. Increased write offs will decrease profits. … "Credit Card Write Offs" has a significant impact, so an analyst should put more weight into it. "Credit Card Write Offs" will have a long-term negative impact on this entity, which subtracts from the entity's value.