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.
Credit card delinquencies are on the rise, as research from the New York Federal Reserve shows nearly a fifth of borrowers ...
New York Federal Reserve data published Tuesday shows credit card delinquencies jumped during the first quarter in a sign of ...
The economy has been resilient, the job market healthy, and consumers keep spending, but more Americans are becoming ...
Credit Card Delinquencies , Are on the Rise. New York Federal Reserve data that was published on May 15 shows that credit ...
Austan Goolsbee, President of the Chicago Federal Reserve Bank, highlighted that consumer delinquencies are among the most ...
Almost one-fifth of credit-card borrowers were using at least 90% of their available credit in the first quarter of 2024, the ...
Credit card delinquencies are on the rise, with nearly a fifth of borrowers "maxed-out" on their available credit, according ...
About one in seven Generation Z credit card borrowers have maxed out their credit limit. Now, that's from the Federal Reserve ...
1. According to 2024 data, the average monthly consumer debt payment, including credit cards, auto loans, and mortgages, is ...
With inflation continuing to rise, albeit at slower pace, Americans are struggling to pay their bills. The latest evidence is ...