Americans are deep in credit card debt, with card balances hitting a record $1.17 trillion in the third quarter of 2024.

Credit card and loan delinquencies have been on the rise since the onset of rapid inflation in mid-2022 and have yet to come ...

A borrower goes into default when they miss credit card payments for over 180 days, roughly six months. When there is a ...

Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. Here’s what you should know.

Many borrowers find themselves unable to cover their credit card payments, causing some of them to fall into default.

Larger banks are exposed to growing risks. Read why some community banks with conservative models remain safer options.

Last year was dominated by a dramatic presidential election and an economy that, while strong on paper, didn’t feel that way ...

Debt seems to be a worsening problem in the boot-shaped state. Compared to the same period a year before, the share of ...

Capital One (NYSE: COF) stock has fared well, rising by about 36% since early 2024. This compares to the S&P 500 which ...

The Grand Rapids Rise falls 3-0 against the Omaha Supernovas. (Jan. 12, 2025) Personal debt in the US has reached an all-time ...

NEW YORK — Credit card defaults are on the rise for Americans ... the bank considers the credit card “delinquent” and the borrower’s credit scores can be damaged further.