Larger banks are exposed to growing risks. Read why some community banks with conservative models remain safer options.
Americans are deep in credit card debt, with card balances hitting a record $1.17 trillion in the third quarter of 2024.
Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11.
In recent months, credit card delinquency has become a growing concern for Florida residents. According to a recent Newsweek ...
Experts are sounding the alarm over a new report indicating credit card loan defaults soared this year, warning the dam is about to break on Americans' record-high consumer debt. During the first ...
According to TransUnion’s 2025 Consumer Credit Forecast, credit card balances and delinquency rates will still increase, but at lower rates than we saw in 2022 and 2023. Raneri says TransUnion ...
At 11.68 percent, Florida has the second-highest credit card delinquency rate in the nation, according to Federal Reserve data collected by WalletHub. The state's average rate surpasses that of ...
Citibank's (NYSE:C) credit card delinquency rate edged down sequentially in December, while its net charge-off rate gapped ...
Unfortunately, Zoomers are also rapidly becoming known for another claim to fame: They’re taking on more credit card debt delinquency than other generations. While a recent report from the ...