Title: anyone else seeing a huge spike in charge-offs for Nov?
Post by: rubicon on November 30, 2016, 11:00:00 PM
Post by: rubicon on November 30, 2016, 11:00:00 PM
My Nov's charge-offs were 2.8x my Oct's charge-offs.
Title: anyone else seeing a huge spike in charge-offs for Nov?
Post by: rawraw on November 30, 2016, 11:00:00 PM
Post by: rawraw on November 30, 2016, 11:00:00 PM
I normally just wait for the account statement to come out. But I suspect my net charge offs declined this month after rising for the past two months.
Title: anyone else seeing a huge spike in charge-offs for Nov?
Post by: lascott on November 30, 2016, 11:00:00 PM
Post by: lascott on November 30, 2016, 11:00:00 PM
I typically wait for the account statement as well. I stopped buying for about 5 months and just now starting up. I get more charge offs than I expected for my pretty conservative account.
Bunch of recovery active on 11/30
Bunch of recovery active on 11/30
Title: anyone else seeing a huge spike in charge-offs for Nov?
Post by: mschoenf on December 01, 2016, 11:00:00 PM
Post by: mschoenf on December 01, 2016, 11:00:00 PM
Nov. was the first month since I began investing 5 years ago where Chargeoffs exceeded interest income. I hadn't checked the count, but I assume that goes along with what you're seeing. 
Title: anyone else seeing a huge spike in charge-offs for Nov?
Post by: RyanL on December 06, 2016, 11:00:00 PM
Post by: RyanL on December 06, 2016, 11:00:00 PM
My charge-offs have remained pretty consistent over the last 3 months with November actually performing slightly better than October and September. However August was a tough month for my account - lots of variables in play.