consumer credit
Some consumers feel ripped off at the notion of paying 18% interest rates, or even higher, on their credit cards.
2 years ago
Last Updated: 5 months ago
Beginning this weekend, the three major credit bureaus will implement policy changes that in many cases will result in an increase in consumers’ credit scores.
3 years ago
Last Updated: 5 months ago
One key barometer of the economy is how everyday people are managing their finances from month to month. Turns out the national bank card default rate was a 48-month high.
3 years ago
Last Updated: 5 months ago
While the economy has been recovering and while things feel better on the business front, there are some very troubling internal metrics when it comes to debt levels and delinquency rates.
3 years ago
Last Updated: 5 months ago
More than 1 million federal student loans went into default last year. The defaulted debt totals more than $137 billion, nearly 10% of total federal student debt outstanding.
3 years ago
Last Updated: 5 months ago
The Federal Reserve Bank of New York's Center for Microeconomic Data has released its reading for the level of household debt for the fourth quarter of 2016.
3 years ago
Last Updated: 5 months ago
How Amazon and JPMorgan's new Prime Rewards Visa card stacks up against Costco's Anywhere Visa.
3 years ago
Last Updated: 5 months ago
Consumer Credit might not be a market moving event, but it is an important issue to find out what consumers are financing, how they are financing it, and how much they are actually borrowing....
3 years ago
Last Updated: 5 months ago
American Express Co. (NYSE: AXP) may still have Warren Buffett as a massive and long-term shareholder, but the news flow just has not been favorable for the credit card issuer. Things might be...
3 years ago
Last Updated: 5 months ago
Most economists and investors might be tempted to overlook the national Credit Managers Index released by the National Association of Credit Management each month.
3 years ago
Last Updated: 5 months ago
It is no secret that the student loan burden has reached a serious level in America. In fact, student loans for college and graduate degrees are muting the ability for millions of people to properly...
3 years ago
Last Updated: 5 months ago
The Federal Reserve on Thursday released its preliminary report on consumer credit for the month of July 2016. On a seasonally adjusted basis, consumer credit rose 5.8% in the month, up from 4.8%...
3 years ago
Last Updated: 5 months ago
Many investors and economists skip this monthly report, but it does make up one of the components for each month's leading economic indicators.
4 years ago
Last Updated: 5 months ago
The total levels of household debt balances rose during the first quarter of 2016, according to the Federal Reserve Bank of New York.
4 years ago
Last Updated: 5 months ago
Investors may largely overlook this report, but the National Association of Credit Management’s Credit Managers’ Index improved in March.
4 years ago
Last Updated: 5 months ago