defaults

Inflated Credit Scores Put Lenders At Risk
Inflated Credit Scores Put Lenders At Risk
April 08, 2019  |  Loans

Goldman Sachs and Moody’s Analytics are warning that credit scores of consumers have been inflated during the past ten years, hiding the danger of defaults...

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US Credit Card Balances End Year At $870B Record High
US Credit Card Balances End Year At $870B Record High
March 05, 2019  |  Consumer Finance

Credit card debt in the U.S. reached $870 billion at the end of last year, setting a record. Bloomberg, citing data from the Federal Reserve,...

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Default Rates Remain Stable In First Month Of New Year
Default Rates Remain Stable In First Month Of New Year
February 20, 2019  |  Economy

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...

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Car Loan Delinquencies Flash Warning Signs On Credit?
Car Loan Delinquencies Flash Warning Signs On Credit?
February 13, 2019  |  Economy

Might the latest data on car loans – to be specific, delinquencies on those car loans – offer flashing warning signs on credit and the...

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China’s Private Sector Struggling Amid Corporate Bond Defaults
China’s Private Sector Struggling Amid Corporate Bond Defaults
January 21, 2019  |  B2B Payments

Market conditions in China are poised to cause another wave of corporate bond defaults, according to recent Financial Times (FT) reports, which pointed to maturing issuance...

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Consumer Credit Default Hits Low For Nov 2018
Consumer Credit Default Hits Low For Nov 2018
December 19, 2018  |  Consumer Finance

New data has found that the default levels for bank cards, auto loans and first mortgages have reached their lowest levels of 2018 within the...

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Will Risky Supplier Financing Light The $1.3T Debt Bomb’s Fuse?
Will Risky Supplier Financing Light The $1.3T Debt Bomb’s Fuse?
October 12, 2018  |  Debt

Stock markets around the globe seem to be in freefall. Interest rates are marching higher. Sears, at least at the time this article, is prepping for...

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Former China Official Says Social Credit System Must Make People Bankrupt
Former China Official Says Social Credit System Must Make People Bankrupt
May 21, 2018  |  International

A former deputy director of China’s development research center of the State Council, Hou Yunchun, said the country’s social credit system has to punish defaulters....

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Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
November 20, 2017  |  Loans

Student loans have an unexpected consequence if they go unpaid: Borrowers who default on their payments can lose their state-issued professional licenses. That’s according to...

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