Federal Reserve Bank of New York

Lenders May Seek Better Tools as Millennial Debt Delinquency Expectations Rise

Lenders May Seek Better Tools as Millennial Debt Delinquency Expectations Rise
Lenders May Seek Better Tools as Millennial Debt Delinquency Expectations Rise
March 14, 2023  |  Debt

Monthly government release reflects what lenders’ recent earnings reports have hinted: millennials are sinking in debt. Get the Full Story Complete the form to unlock...

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Household Pressures Mount as Revolving Card Debt Creeps Up
Household Pressures Mount as Revolving Card Debt Creeps Up
February 17, 2023  |  Consumer Finance

The American consumer still has some dry powder left when it comes to credit. Get the Full Story Complete the form to unlock this article...

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Consumer Confidence in Household Income Growth Plunges
Consumer Confidence in Household Income Growth Plunges
February 13, 2023  |  Economy

Consumers’ confidence in income growth took a hit in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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New York Fed Report Sees Some Inflation Relief Despite Consumer Fears
New York Fed Report Sees Some Inflation Relief Despite Consumer Fears
January 09, 2023  |  Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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NY Fed: Consumers Stick With Credit Cards as Balances Grow
NY Fed: Consumers Stick With Credit Cards as Balances Grow
November 21, 2022  |  Credit Cards

Consumer credit demand has been on the decline this year, except when it comes to new applications for credit cards. Get the Full Story Complete...

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NY Fed: Household Debt Climbs to $16.5T
NY Fed: Household Debt Climbs to $16.5T
November 16, 2022  |  Debt

New data from the Federal Reserve Bank of New York shows American household debt continuing to climb, with credit card balances jumping at their largest...

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NY Fed Research Says Mortgage Forbearance Skews Credit Scores
NY Fed Research Says Mortgage Forbearance Skews Credit Scores
June 08, 2021  |  Economy

The pandemic is ebbing, and the U.S. economy is — in lumpy fashion, to be sure — reigniting. Get the Full Story Complete the form...

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NY Fed Paves Way For Non-FICO Credit Scoring Models
NY Fed Paves Way For Non-FICO Credit Scoring Models
May 26, 2021  |  Consumer Finance

Given that the ways in which we pay are changing, the ways we carry debt are changing, and the very profile of the consumer is...

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