charge-offs

Bucking The Recent Trend, Discover’s Charge-Offs Fell Last Month

Bucking The Recent Trend, Discover’s Charge-Offs Fell Last Month
Bucking The Recent Trend, Discover’s Charge-Offs Fell Last Month
August 16, 2017  |  Banking

As concerns about consumer debt and consumer debt delinquency are rising — and as the instances of both are also on the increase — Discover...

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Banks Concerned As Charge-Offs Hit A Four-Year High
Banks Concerned As Charge-Offs Hit A Four-Year High
August 01, 2017  |  Banking

Charge-offs have hit a four-year high — and banks, markets and economy watchers are keeping close tabs on what appears to be the reversal of...

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Citigroup Credit Card Charge-Offs Higher Than Some Peers
Citigroup Credit Card Charge-Offs Higher Than Some Peers
June 16, 2017  |  Debt

The credit card companies are out with data on May credit card charge-offs, which shows a mixed bag among the different players in the industry....

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Credit Card Charge-Offs Reach Highest Rate Since 2009
Credit Card Charge-Offs Reach Highest Rate Since 2009
June 09, 2017  |  Debt

Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting...

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