@Gollum wrote:
Article title: "States Where Credit Card Delinquency Is Increasing the Most"
From the article: "To identify where borrowers are struggling most to keep up with their credit card bills—and where they are managing better—WalletHub reviewed proprietary user data from Q1 2025 to Q2 2025."
https://wallethub.com/edu/states-where-credit-card-delinquency-is-increasing-most/131750 (November 05, 2025)
Most of the larger banks right now are reaching out to consumers with serious delinquencies with the most generous settlement offers I've ever seen. I've recently seen people posting that Chase is accepting as little as 25% in some cases and AmEx 40-50%.
I think the banks are just sort of in stop-loss mode right now. It's harder to get credit line increases, or even a card, than usual, and they have so many accounts going bad that the normal channels they sell bad debt into are too busy to handle them all.
All of a sudden on Reddit, more people are complaining of AmEx Financial Review than usual, and it seems to be taking AmEx a while to actually process the FR even after you sign that they can pull your tax records.
