In its annual stress tests, the Federal Reserve models credit card loss rates for large banks to be 11.3% in an “adverse scenario” and 16.35% in a “severely adverse” scenario. Dv01’s new findings mean that at least among online lenders, credit issues have already spiraled beyond a bad recession and are heading towards Depression-like levels.

在其年度压力测试中，美联储(Federal Reserve)将大型银行的信用卡损失率模拟为“不利情况”下的11.3%和“严重不利情况”下的16.35%。Dv01的新发现意味着，至少在在线贷款机构中，信贷问题已经从严重的经济衰退中螺旋式上升，并朝着类似大萧条的水平发展。