Collectively, Americans owe $1.12 trillion on their credit cards, according to a new report from the Federal Reserve Bank of ...
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 ...
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 ...
The Federal Reserve reported earlier this year that in late 2023, credit card delinquency rose above three percent for the ...
The economy has been resilient, the job market healthy and consumers keep spending, but more Americans are becoming ...
Austan Goolsbee, President of the Chicago Federal Reserve Bank, highlighted that consumer delinquencies are among the most ...
1. According to 2024 data, the average monthly consumer debt payment, including credit cards, auto loans, and mortgages, is ...
About one in seven Generation Z credit card borrowers have maxed out their credit limit. Now, that's from the Federal Reserve ...
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 ...