FY25, the microfinance industry contracted, with delinquency rates increasing to 4.3%, driven by defaults in loans overdue by ...

Bread Financial Holdings' (NYSE:BFH) credit card delinquency rate declined in November, while the percentage of loans that it charged off edged up in November, the company said on Wednesday.

If you fail to make a minimum monthly payment 30 days after your due date, that's a credit card delinquency. Delinquencies are reported to credit bureaus and can stay on your credit report for up to ...

U.S. credit card debt hit an all-time high of $930 billion Debt surpassed the $870 billion peak during the 2008 financial crisis Credit card delinquency rates increased .16% from the prior quarter ...

The delinquency rate of 4.35% rose from 4.28% in the previous month and 4.09% a year earlier. It remained well above August ...

MIAMI and BARRANQUILLA, Columbia, Jan. 03, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: PROC) (“Procaps” or the “Company”), a leading ...

Studies show requiring financial education improves credit scores, lowers loan delinquency rates and reduces the likelihood of falling behind on credit card payments. "If a young person ...

Capital One Financial's (NYSE:COF) credit card delinquency rate improved slightly in November, its net charge-off rate climbed higher, and its lending activity increased, the company disclosed in ...

This year's first half saw the delinquency rate of large lending companies recorded at 13.1%, breaking the all-time high.

What’s more, Gen Z consumers carry more debt and fall into delinquency more often when compared to Millennials at the same age. For financial institutions, this signals a massive opportunity to ...

The latest announcement is out from Procaps Group ( (PROC) ).