With one in five workers collecting jobless benefits thanks to the pandemic, banks braced for increased credit card debt and delinquencies as families struggled to...
Capital One reported on Tuesday (July 21) that its credit card business shrank during the second quarter, but that delinquencies fell despite the pandemic. Get...
Credit card delinquency rate reports are trickling in on a bank-by-bank basis and a spate of recent disclosures show mixed results. Get the Full Story...
The rate of credit card delinquencies jumped 52 basis points (BPS) in the first quarter (Q1) of 2018, and will likely continue to increase over...
America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. Get the Full Story...
The credit card companies are out with data on May credit card charge-offs, which shows a mixed bag among the different players in the industry....
In the United States, borrowing by small businesses rose in August, and the percentage of firms calculated as having delinquencies on existing loans was up,...