More than 9 million student loan borrowers have missed at least one payment this year. That’s according to a report Saturday (Dec. 13) from the...
Record levels of late car payments is putting pressure on subprime auto lenders. That’s according to a Friday (Nov. 14) report by Bloomberg News, which...
New TransUnion data shows almost 30% of student loan borrowers behind on their payments. Millions of these delinquent borrowers are now preparing for involuntary collections...
Late-stage delinquency rates increased across all credit scores in July, compared to a year earlier, with the greatest percentage increases seen among the highest credit...
U.S. credit card delinquencies and charge-offs are now higher than they were before COVID. That’s according to findings published Saturday (July 26) by Seeking Alpha,...
Citigroup is reportedly preparing for a possible decline in consumer financial health by putting aside more provisions for potential losses on loans. “Given the macro environment,...
As the economy faces potential challenges, credit card companies are taking proactive measures to prepare for a downturn. These companies, recognizing the possibility of more...
Automotive repossessions reportedly jumped last year to the highest level in 15 years. Around 1.73 million cars were seized by lenders during 2024, Bloomberg News...