Credit Card Loans news and trends

US Bancorp Sees Stable Card Delinquencies and Commercial Revenue Boost
Earnings // October 16, 2024

US Bancorp’s latest quarter showed continued growth in card balances, resilience in what it has termed its “differentiated business model” and credit quality metrics that were in line with expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Federal Reserve Survey Reveals Tightened Lending Standards and Weaker Demand
Economy // November 06, 2023

Lending standards have tightened and demand has weakened in the third quarter of 2023, according to the Federal Reserve’s October Senior Loan Officer Opinion Survey (SLOOS) on Bank Lending Practices, released Monday (Nov. 6). Get the Full Story Complete the form to unlock this article...

Some US Loan Standards Ease In Q1, But Not Credit Card Or Auto Loans
Loans // May 09, 2018

Lending standards for business loans eased at U.S. banks in the first quarter of the year, according to a new report from the Federal Reserve. Consumer lending, though, experienced tightening standards. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Discover Books Q1 Profit Gain, Touts Checking Product
Earnings // April 27, 2018

Discover Financial Services posted a double-digit growth in payment services transactions in the first quarter of 2018, as its leadership reported early success from a new checking-and-rewards product. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Quick Reads
Federal Reserve Survey Reveals Tightened Lending Standards and Weaker Demand

November 06, 2023
Lending standards have tightened and demand has weakened in the third quarter of 2023, according to the Federal Reserve’s October Senior Loan Officer Opinion Survey (SLOOS) on Bank Lending Practices, released Monday (Nov. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — […]

Some US Loan Standards Ease In Q1, But Not Credit Card Or Auto Loans

May 09, 2018
Lending standards for business loans eased at U.S. banks in the first quarter of the year, according to a new report from the Federal Reserve. Consumer lending, though, experienced tightening...

Discover Books Q1 Profit Gain, Touts Checking Product

April 27, 2018
Discover Financial Services posted a double-digit growth in payment services transactions in the first quarter of 2018, as its leadership reported early success from a new checking-and-rewards product. Get the...

Discover Reports 8 Percent Increase In Q2 Credit Card Loans

July 27, 2017
Discover Financial Services announced news of its second quarter earnings results to Wall Street on Wednesday (July 26) that showed total loans increased 8 percent, or $6.1 billion, while credit...