Sections
delinquencies
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BankingBank Of America Says Consumer Spending Is Up, Card And...
Bank of America (BofA) said on Wednesday (Oct. 14) that it is seeing a...
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LoansWill US Homeowners Manage To Avoid Falling Off A Mortgage...
When Congress first passed the CARES Act earlier this year to ameliorate COVID-19’s economic...
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LoansChina’s Banks Lost Billions In Defaulted Loans, Set Aside Cash...
Five of China’s largest state-owned lenders reported their biggest profit losses in at least a decade,...
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LoansBanks Brace For Wave Of Corporate Credit Calamities
Before the deluge – of possible bankruptcies, that is – come the provisions. Earnings...
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DebtConsumers Use Stimulus Money To Pay Down Credit Card Debt
With one in five workers collecting jobless benefits thanks to the pandemic, banks braced...
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EarningsCapital One's Credit Card Business Shrinks, But Delinquencies Fall
Capital One reported on Tuesday (July 21) that its credit card business shrank during...
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DebtMixed Performance For Bank Credit Card Delinquencies In February
Credit card delinquency rate reports are trickling in on a bank-by-bank basis and a...
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LoansWill Consumers Take On Too Much Debt In 2018?
The rate of credit card delinquencies jumped 52 basis points (BPS) in the first...
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DebtAmericans’ Debt Level Hits New High
America’s debt level hit another record high in the second quarter, after having surpassed...
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DebtCitigroup Credit Card Charge-Offs Higher Than Some Peers
The credit card companies are out with data on May credit card charge-offs, which...
- Earnings
Amex Credit Card Metrics Flat In October
American Express said via an 8-K filing with the Securities and Exchange Commission that...
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SMBsFor Small Businesses, Borrowing’s Up, But So Too Are Delinquencies
In the United States, borrowing by small businesses rose in August, and the percentage...
