Consumer 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. Get the Full Story Complete the...

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Connecticut Will Cancel $650 Million in Medical Debt
Connecticut Will Cancel $650 Million in Medical Debt
February 04, 2024  |  Healthcare

Connecticut reportedly plans to cancel $650 million in medical debt for its residents. Get the Full Story Complete the form to unlock this article and...

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Credit Card Delinquencies Keep Hovering Above Pre-COVID Levels
Credit Card Delinquencies Keep Hovering Above Pre-COVID Levels
January 29, 2024  |  Credit Cards

America’s credit card companies ended December with delinquencies and charge-off rates essentially unchanged from November. Get the Full Story Complete the form to unlock this...

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Consumers’ Total Outstanding Credit Leaps $23.7 Billion in November
Consumers’ Total Outstanding Credit Leaps $23.7 Billion in November
January 08, 2024  |  Consumer Finance

Consumers’ total outstanding credit leapt by $23.7 billion in November after growing by $5.8 billion the previous month. Get the Full Story Complete the form...

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Jump in Bad Loans Threatens Big Banks’ Earnings
Jump in Bad Loans Threatens Big Banks’ Earnings
January 08, 2024  |  Debt

The specter of an increase in bad debt hangs over America’s largest lenders. Get the Full Story Complete the form to unlock this article and...

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Personal Loan Delinquencies Jump in Nov., Presaging Holiday ‘Hangover’
Personal Loan Delinquencies Jump in Nov., Presaging Holiday ‘Hangover’
January 07, 2024  |  Consumer Finance

Americans ended 2023 dealing with increasing financial strain, relying more on personal loans. Get the Full Story Complete the form to unlock this article and...

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Credit-Marginalized Consumers Turn to High-Interest Credit to Cover Emergency Expenses
Credit-Marginalized Consumers Turn to High-Interest Credit to Cover Emergency Expenses
December 20, 2023  |  Consumer Finance

Emergency expenses are a reality all consumers eventually face — and when economic headwinds and factors like rising prices enter the equation, these unexpected expenses...

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Credit Quality Declines as Card Companies Tighten Standards
Credit Quality Declines as Card Companies Tighten Standards
November 19, 2023  |  Credit Cards

Last month’s credit card data indicates an ongoing deterioration of credit quality. Get the Full Story Complete the form to unlock this article and enjoy...

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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. Get the Full Story Complete the form to unlock...

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