NEW YORK, NY / ACCESSWIRE / / When a debt goes to a collection agency, it can be an unpleasant experience for the debtor. This will not only be due to the negative impact it can have on their credit ...

Credit card lenders wrote off $46 billion in seriously delinquent loan balances in 2024, signaling financial stress for US ...

Finance Ministry to meet with MFI players on Wednesday amid rising bad loans and delinquencies in the sector. The meeting ...

The state of Florida has the second-highest credit card delinquency rate in the nation at 11.68 percent. Rates remain ...

Defaults on credit card loans soared 50% in 2024 to the highest since 2010 according to a new report, causing experts to warn the "debt bubble is popping." ...

The Consumer Financial Protection Bureau finalized a rule banning medical debt from being included on Americans' credit ...

During the first nine months of 2024, lenders wrote off more than $46 billion in seriously delinquent credit card loans, according to a report from the Financial Times citing data analyzed by ...

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 ...

Fed Rate Cuts Won’t End the Sting of High Interest Rates for Subprime Cardholders ...

A pay-for-delete approach could help your credit, but is it a legitimate option to consider? Here's what to know.

Reserve Bank of India (RBI) has flagged increased stress in the microfinance sector, with rising delinquencies across all ...

“Rather than being a sign of broader distress, this increase in delinquencies is explained by a substantial increase in the ...