household debt

Younger Borrowers Feel Strain as Card and Auto Loan Delinquencies Rise
Younger Borrowers Feel Strain as Card and Auto Loan Delinquencies Rise
February 06, 2024  |  Consumer Finance

The pressures of increased debt burdens are put in stark relief with the latest data from the central bank. And the burden is felt keenly...

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US Credit Card Debt Hits $1.08 Trillion as Delinquencies Climb
US Credit Card Debt Hits $1.08 Trillion as Delinquencies Climb
November 08, 2023  |  Debt

Americans now owe $1.08 trillion in credit card debt, a trend being led by millennial consumers. That’s according to a report issued Tuesday (Nov. 7)...

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40% of Brazilians at Risk for Debt Defaults
40% of Brazilians at Risk for Debt Defaults
May 28, 2023  |  Consumer Finance

Brazil’s consumers and merchants have found themselves sinking deeper and deeper into debt. As Bloomberg News reported Sunday (May 28), 4 in 10 adults in Brazil...

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US Household Debt Hits All-Time High
US Household Debt Hits All-Time High
May 05, 2020  |  Debt

Household debt has risen substantially in 2020 thus far, shooting up to $14.3 trillion, a number bypassing the height of the Great Recession by $1.6...

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Household Debt Exceeds $14T After 2019 Spike
Household Debt Exceeds $14T After 2019 Spike
February 11, 2020  |  Debt

Household debt in the U.S. has reached a 12-year high, rising more than $600 billion last year –the highest since right before the financial crisis...

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NY Fed Says US Household Debt Higher, But Not A Risk
NY Fed Says US Household Debt Higher, But Not A Risk
April 04, 2019  |  Economy

A little over a decade ago, something nearly unprecedented happened in the American economy: household debt contracted instead of growing. After hitting a peak a...

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More Americans Inch Toward Maxing Out Cards
More Americans Inch Toward Maxing Out Cards
January 24, 2019  |  Debt

Taking it to the limit, indeed. News came this week that global debt – that which is shouldered by governments and the private sector –...

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Sub-Prime Lending’s Late-Year Bounce
Sub-Prime Lending’s Late-Year Bounce
November 20, 2018  |  Alternative Finances

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year...

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The Concerning Creep In Consumer Debt
The Concerning Creep In Consumer Debt
August 21, 2018  |  Economy

U.S. consumer debt has been on the rise for the last year and hit $13.29 trillion during the quarter ending in June, according to the...

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