“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” The above quote...
The debt balances climb ever higher. In the latest data reported by the Federal Reserve, total credit was up $17.1 billion in May as measured...
Consumers in Canada filed 11,963 insolvencies in March, up 5 percent from a year ago and the highest number in eight years. According to a...
Credit card delinquency rate reports are trickling in on a bank-by-bank basis and a spate of recent disclosures show mixed results. As noted in filings...
S&P Dow Jones Indices and Experian Wednesday (Feb. 20) released the S&P/Experian Consumer Credit Default Indices data, representing a comprehensive measure of changes in consumer...
Consumer debt is at a record level — but in terms of handling it, there are no signs that Americans are struggling, reported The Wall Street...
The willingness to take on debt and open wallets, at least here, remains unabated. In the United States, consumer debt gained at its headiest pace...
LendingTree said in its debt report for the month of November that based on recent holiday shopping and credit card spending, credit card balances will...
After years of focusing nearly entirely on a consumer’s payment history, FICO has announced that as of 2019 it will be rolling out a new...