Thursday, December 30, 2010

Us credit card breach rate new high

The associated press reports that the United States on 15 may credit card breach rates may soar high means that the United States consumers in this economic crisis is still in his pressure.

United States the major banks in the United States, the largest bank in May this year the Bank's credit card breach rates from April 10.47% 12.50%; occupy the United States 1/4 credit card payment market in the United States express card breach rates from April 9.99% 10.4%; Citigroup credit card breach rate rose to 10.5%; major banks in the performance of the best is JP Morgan, its 5 months credit card breach rates from last month's 8.07% rose to 8.36%.

The associated press reported that some industry insiders predict that this year the United States credit card industry faces global default rate may exceed 10 per cent, which means that the credit losses were as high as $ 700 billion.

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