Credit card debt collection
Credit card debt is the waste stream of consumer finance. The debt collection industry ends up being sordid, for complex structural and microeconomic reasons.
I write about once a week, on the intersection of tech, financial infrastructure, and systems thinking. It's free.
Credit card debt is the waste stream of consumer finance. The debt collection industry ends up being sordid, for complex structural and microeconomic reasons.
A brief retrospective on an attractive product First Republic used to offer, and a wider discourse on the banking crisis.
Many observe that banks seem to be blowing up due to predictable consequences of rising interest rates. How did we get here?