When life hits hard, here are 5 credit card rules you can break during an emergency

Guidance: in a financial crisis, conventional credit rules like 'don’t carry a balance' or 'keep low utilization' may need to be set aside. For portfolio managers, the practical implication is to prioritize liquidity management and crisis-specific consumer credit behavior, which can alter short-term consumer borrowing patterns and affect credit-market flows.

Analysis

Guidance: in a financial crisis, conventional credit rules like 'don’t carry a balance' or 'keep low utilization' may need to be set aside. For portfolio managers, the practical implication is to prioritize liquidity management and crisis-specific consumer credit behavior, which can alter short-term consumer borrowing patterns and affect credit-market flows.