SBI Card shares rose 5% on January 6 after brokerages Nomura and Nuvama upgraded the stock to ’buy’. Nomura set a target ...

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

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 ...

Financial service businesses have written off 50 percent more overdue credit card debts in the past year, after exhausted ...

US credit card defaults surged by 50% compared to the previous year, reaching levels not seen since 2010, according to data ...

These figures reveal widespread social distress and economic insecurity in America’s supposedly booming economy.

The amount of credit card debt written off through the first three quarters of 2024 reached $45.7 billion, up 46% from the ...

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." ...

WASHINGTON (TNND) — As the holiday season wraps up, many Americans have a credit card hangover from holiday spending.