[listenallyall]

> The 2010 $80 billion is a first 3 quarters number too

I dont think it is. The article includes a chart of the first 9 months of the past 20 years, 2010 looks like about 55 billion or so. In any case, it is very clear from that chart that the 2024 number is significantly higher than any other year except 2010. Not everything is measured in "rates," most things are just measured in dollars. Anyway credit card charges are unlikely to be subject to the exact same inflation rate as general goods like CPI, given that few people charge their housing to a credit card.

And the article does mention Capital One's writeoff rate increase over the past year.

[blueelephanttea]

> The article includes a chart of the first 9 months of the past 20 years, 2010 looks like about 55 billion or so.

$55 billion in 2010 is $80 billion in 2024 dollars. I kind of feel like my original point was pretty clear.