American Express's rise in shares has been partially driven by a boost in Gen Z and Millennial card acquisition--a telling ...
(The Hill) — Credit card delinquencies are on the rise, as research from the New York Federal Reserve shows nearly a fifth of ...
Credit Card Delinquencies , Are on the Rise. New York Federal Reserve data that was published on May 15 shows that credit ...
The Federal Reserve reported earlier this year that in late 2023, credit card delinquency rose above three percent for the ...
The economy is strong, the job market is healthy, and consumer spending keeps chugging along, but an increasing number of ...
Collectively, Americans owe $1.12 trillion on their credit cards, according to a new report from the Federal Reserve Bank of ...
Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling ...
New credit and debt data reveals many Americans are paying late fees on bills and using credit to cover the costs of ...
Fewer delinquencies on most consumer loans and a decreasing reliance on credit brightened the overall picture of Americans’ ...
Roughly 1 in 7 (15.3%) Generation Z credit card borrowers have maxed out their credit cards, according to new research from ...
Credit card issuances decreased in April to 7.37 lakh, RBI data showed. This is the first time issuances have declined below ...
Credit participation in Canada continued to rise, led by new-to-country and Generation Z consumers, driving total debt to ...