As rates of severe delinquencies rise, the youngest borrowers are having the hardest time keeping up iwth payments as ...
Credit card delinquencies are on the rise, as research from the New York Federal Reserve shows nearly a fifth of borrowers ...
They indicate that aggregate delinquency rates have indeed increased, with approximately “3.2% of outstanding debt in some ...
Austan Goolsbee, President of the Chicago Federal Reserve Bank, highlighted that consumer delinquencies are among the most ...
The Federal Reserve reported earlier this year that in late 2023, credit card delinquency rose above three percent for the ...
Credit card delinquencies are on the rise, with nearly a fifth of borrowers "maxed-out" on their available credit, according ...
1. According to 2024 data, the average monthly consumer debt payment, including credit cards, auto loans, and mortgages, is ...
Roughly one in seven (15.3%) Gen Z credit card borrowers have maxed out their credit cards, according to new research from ...
New data published Thursday by TransUnion shows the average debt per borrower hit $6,218 at the end of the first quarter, an ...
About one in seven Generation Z credit card borrowers have maxed out their credit limit. Now, that's from the Federal Reserve ...
Credit participation in Canada continued to rise, led by new-to-country and Generation Z consumers, driving total debt to ...
This could be the best and worst of times for credit card users — depending on the user. One group of savvy card users are cashing in on ...