charge-offs

Capital One Surprises The Street With Better Than Expected Results

Capital One Surprises The Street With Better Than Expected Results
Capital One Surprises The Street With Better Than Expected Results
October 25, 2017  |  Earnings

Rising interest rates and rising card defaults created an interesting split position for Capital One’s earnings picture for Q3. Get the Full Story Complete the...

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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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