Word: brendler
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Dates: during 2000-2009
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...debtor is of someone who is simply careless about spending money and paying bills on time, this is rarely the case. "Delinquency and default are nearly always due to loss of job or a 'life event' such as health problems (and medical bills), death or divorce," wrote analyst Chris Brendler of Stifel Nicolaus in a January report. Today's unemployment rate has yet to cause alarm, but it's the X factor that could determine how much worse credit-card defaults may get as recession looms...
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