Credit card issuers have determined that the cutoff point for an acceptable amount of write-offs is 3.5% at the most. More ...
Recent data published by the Federal Reserve Bank of New York show that the proportion of American credit-card debt in ...
Consumer credit delinquencies have reached their highest level in five years, according to the January 2025 edition of ...
Financial strain on borrowers is increasing, a rise in credit balances indicates. In January, consumer credit delinquencies ...
Credit card and auto loan delinquencies are nearing Great Recession peaks, with issues across income levels and credit scores ...
Consumer credit delinquencies rose to the highest levels in five years according to the January 2025 edition of CreditGauge ...
Auto loan delinquencies are at a 14-year-high, due to struggles among Subprime Borrowers with credit scores below 620. Check ...
Delinquency in the 31-90 DPD category increased to 4 per cent in September 2024, up from 3.3 per cent in September 2023 ...
The first half of 2025 is expected to bring stabilizing delinquencies, increased demand for automotive refinance and mixed vehicle prices ...
The micro lenders also saw a quarterly jump in delinquencies. NBFC-MFIs saw a quarterly surge from 4.4 per cent at the end of ...
Californians are feeling increasing financial strain, according to a new report from The California Policy Lab. Credit card ...
Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation ...