Delinquency rates are unchanged, at least in the second quarter. But debt is still rising, indicating the pressures of recent and continued spending on credit cards, on new auto loans and new mortgages may tip those delinquencies higher. Get the Full Story Complete the form...
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Access to a car is crucial for many Americans, especially those living in areas with limited public transportation options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
September 17, 2024
U.S. consumers are taking on more card debt than has been seen in years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]
August 06, 2024
Delinquency rates are unchanged, at least in the second quarter. But debt is still rising, indicating the pressures of recent and continued spending on credit cards, on new auto loans...
February 08, 2024
Buy the rumor, goes the old Wall Street saying, sell the news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
October 27, 2023
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October 22, 2023
The recent surge in delinquency rates on auto loans in the United States has raised concerns about the financial challenges faced by car owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS […]
August 15, 2019
Citigroup reported that its July credit-card delinquency rate increased to 2.91 percent in July, up from 2.56 percent in June. Get the Full Story Complete the form to unlock this article and...
June 17, 2019
American Express said its May card delinquency rate was unchanged from April, according to reports. The rate held steady at 1.4 percent. Net write-offs, however, did move slightly in may,...