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Delinquency Rates on Credit Card Loans Not seen since June 2012

Delinquency Rate on Credit Card Loans, All Commercial Banks (FRED:DRCCLACBS)  
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FRED:DRCCLACBS   Delinquency Rate on Credit Card Loans, All Commercial Banks
Fundamental Analysis Technical Indicators Trend Analysis creditcard delinquency debt
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fundamental indicator trendanalysis creditcard delinquency debt
Credit Card Defaults Last rose 1994, 2006, slowly in 2016 and now a rapid incline of delinquency rate of 2.77%. I do foresee this trend to continue to the upside. The momentum of higher rates has contributed to the pressures. The rise may not be linear but the upside certainty appears to reach 3.25-3.5%. We'll keep monitoring
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