The average 30-plus-day delinquency rate for six major U.S. credit card issuers ticked up in July. The average rate for ...
"The continued rise in credit card delinquency rates is broad based across area income and region, but particularly pronounced among millennials and those with auto loans or student loans," he added.
Bank of America's (NYSE:BAC) credit card trust delinquency rate and net charge-off rate both advanced sequentially in August, ...
Americans are struggling with high prices and rising inflation and increasing credit card delinquency rates have been a ...
Donald Trump made headlines Wednesday night, promising a crowd in New York he would, if restored to the White House, put a ...
On August 6, the CFPB published a blog post regarding a rise in credit card delinquencies since the Covid-19 pandemic. The Bureau reported an increase in credit scores and a decrease in credit ...
Credit-card debt is soaring, interest rates on balances have moved into the 30% range on many cards, and delinquencies and bankruptcies are rising. According to data released by the Federal Reserve, ...
Equifax credit files through June show that credit card delinquency is still rising ... shelter increased 0.4% and made up 90% of that month’s rise in the all items index.
It marks the highest level on record in Fed data dating back to 2003. Credit card delinquencies continued to rise from their pre-pandemic levels in the second quarter. As of June, about 9.1% of ...
Equifax credit files through June show that credit card delinquency is still rising but that delinquency ... shelter increased 0.4% and made up 90% of that month’s rise in the all items index.
Credit delinquencies are on the rise as Canadians’ debt climbed to $2.5 trillion in the second quarter, says a report out today. The latest Market Pulse from Equifax Canada shows credit card holders ...
Equifax credit files through June show that credit card delinquency is still rising ... shelter increased 0.4% and made up 90% of that month’s rise in the all items index.