PNC Financial maintains a strong profit margin but faces weak loan growth. See why PNC stock may be at risk with rising ...
Indian banks’ profitability is expected to moderate in FY26 after reaching an inflexion point in FY25, due to delinquencies ...
The U.S. suffers from a disproportionately large share of global credit card fraud. Bringing customer authentication methods ...
Indian banks' profitability is at an inflexion point and is likely to moderate in 2025-26, hurt by higher delinquencies in unsecured loans and increased credit costs, India Ratings said on Tuesday.
Further divergencies from the seemingly strong macroeconomic data are found in consumer loan delinquencies. Credit card and auto loan delinquencies have spiked upward, and along with those, so have ...
American Airlines' Q3 2024 earnings showed revenue growth and reduced debt, but net income loss persists. Learn why AAL stock ...
The state of Florida has the second-highest credit card delinquency rate in the nation at 11.68 percent. Rates remain ...
It’s no surprise that Americans often rely heavily on credit cards to make ends meet. And with a recent period of rampant ...
Fed Rate Cuts Won’t End the Sting of High Interest Rates for Subprime Cardholders ...
The 12-month grace period for student loan repayments expired, meaning millions of borrowers who haven't made payments will ...
Mark Zandi, chief economist of Moody's Analytics, also noted the impact of credit card defaults on low-income groups. "High-income households are fine, but the bottom third of U.S. consumers are ...
“We’ve seen notably elevated flows into delinquency, particularly for credit ... They pointed to the rise in payments consumers are making on credit cards and auto loans, which is attributed partly to ...