Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, ...
One of the most striking trends from the third-quarter data is the rise in the share of active credit card holders making ...
Though many households are faltering on credit card and auto loan payments, wealthier Americans are keeping the spending metrics robust.
Credit card and loan delinquencies have been on the rise since the onset of rapid inflation in mid-2022 and have yet to come ...
Americans are deep in credit card debt, with card balances hitting a record $1.17 trillion in the third quarter of 2024.
A borrower goes into default when they miss credit card payments for over 180 days, roughly six months. When there is a ...
Many borrowers find themselves unable to cover their credit card payments, causing some of them to fall into default.
Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. Here’s what you should know.
Capital One (NYSE: COF) stock has fared well, rising by about 36% since early 2024. This compares to the S&P 500 which ...
Debt seems to be a worsening problem in the boot-shaped state. Compared to the same period a year before, the share of ...
MUMBAI: The onset of the wedding season and year-end spends led to a 14 per cent rise in credit card spends in value terms to ...
Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, ...