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Author Topic: anyone else seeing a huge spike in charge-offs for Nov?

r
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anyone else seeing a huge spike in charge-offs for Nov?
OP: December 01, 2016, 12:00:00 AM
My Nov's charge-offs were 2.8x my Oct's charge-offs.
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r
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anyone else seeing a huge spike in charge-offs for Nov?
#1: December 01, 2016, 12:00:00 AM
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.
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l
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anyone else seeing a huge spike in charge-offs for Nov?
#2: December 01, 2016, 12:00:00 AM
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

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m
  • Posts: 15
anyone else seeing a huge spike in charge-offs for Nov?
#3: December 02, 2016, 12:00:00 AM
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.  :'(
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R
  • Posts: 12
anyone else seeing a huge spike in charge-offs for Nov?
#4: December 07, 2016, 12:00:00 AM
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.
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