Credit card issuers have determined that the cutoff point for an acceptable amount of write-offs is 3.5% at the most. More ...

Financial strain on borrowers is increasing, a rise in credit balances indicates. In January, consumer credit delinquencies ...

Consumer credit delinquencies have reached their highest level in five years, according to the January 2025 edition of ...

Consumer credit delinquencies rose to the highest levels in five years according to the January 2025 edition of CreditGauge ...

Credit card and auto loan delinquencies are nearing Great Recession peaks, with issues across income levels and credit scores ...

Recent data published by the Federal Reserve Bank of New York show that the proportion of American credit-card debt in ...

Auto loan delinquencies are at a 14-year-high, due to struggles among Subprime Borrowers with credit scores below 620. Check ...

The average spend per transaction was Rs 4,282, showing a 15 per cent YoY decrease, reflecting evolving consumer behaviour ...

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 ...

The first half of 2025 is expected to bring stabilizing delinquencies, increased demand for automotive refinance and mixed vehicle prices ...

Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation ...