With high levels of credit card debt and high inflation, many consumers have found themselves unable to cover monthly ...
Many borrowers find themselves unable to cover their credit card payments, causing some of them to fall into default.
Outstanding credit card and other revolving debt decreased $13.7 billion, the most since early in the pandemic, after surging ...
US consumer debt outstanding unexpectedly fell in November by the most in over a year as credit-card balances plunged.
Credit card and loan delinquencies have been on the rise since the onset of rapid inflation in mid-2022 and have yet to come down. 3.5% of all debt is in some stage of delinquency, and rates are far ...
A note about this year's data We’ve introduced a new source for revolving credit card debt this year — the Federal Reserve Bank of St. Louis’ data on large bank consumer credit card ...
A New York Fed researcher has raised an alarm over the sharp rise in credit card loan defaulters this year. They cautioned ...
In 2023, more than 350 million were impacted by data breaches, according to the Identity Theft Resource Center, a national identity crime nonprofit. Personal information taken in data breaches can be ...
A suggestion I frequently make to business owners who do not have an extensive history of paying back debt is to open a small ...
American football team Green Bay Packers says cybercriminals stole the credit card data of over 8,500 customers after hacking ...
Total U.S. credit card debt fell 12% at an annualized rate in November, a plunge not seen since the onset of the pandemic.
Therefore, the actual benefit of Experian's No Ding Decline feature is that consumers get to avoid the double whammy of being ...