They indicate that aggregate delinquency rates have indeed increased, with approximately “3.2% of outstanding debt in some ...
As rates of severe delinquencies rise, the youngest borrowers are having the hardest time keeping up iwth payments as ...
While credit card balances edged down in the first quarter, more borrowers still fell behind on their card payments, the Federal Reserve Bank of New York found.
The Federal Reserve reported earlier this year that in late 2023, credit card delinquency rose above three percent for the ...
Austan Goolsbee, President of the Chicago Federal Reserve Bank, highlighted that consumer delinquencies are among the most ...
New York Federal Reserve data published Tuesday shows credit card delinquencies jumped during the first quarter in a sign of ...
Credit Card Delinquencies , Are on the Rise. New York Federal Reserve data that was published on May 15 shows that credit ...
Credit card delinquencies are on the rise, with nearly a fifth of borrowers "maxed-out" on their available credit, according ...
Roughly 78% have a financial regret, with 21% saying they most lamented "charging up too much credit card debt," according ...
The New York Federal Reserve reports debt delinquencies surged around 38% in 2023 as total consumer debt increased to $17.5 ...
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